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IRB announces Q2FY18 results; posts Net Profit of Rs. 235 Crs; H1FY18 Net Profit at Rs. 473 Crs

Total income for Q2FY18 is 1,269 Crs; for H1FY18, its Rs. 3,140 Crs Mumbai, November 8, 2017: IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest highways infrastructure developers, today announced its unaudited financial results for the second quarter of FY18. The Company registered Net Profit of Rs. 235 Crs in Q2; […]

IRB Infra’s SPV receives Appointed Date from NHAI for its Chittorgarh – Gulabpura Highway Project

Starts Tolling from 4th November 2017 as per the Appointed Date Also starts construction work on 124.87 Kms stretch of NH-79  Mumbai, November 6, 2017: CG Tollway Private Ltd., a wholly-owned Subsidiary and a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd., has received Appointed Date from NHAI for its Chittorgarh to Gulabpura six […]

IRB Infra’s SPV achieves Financial Closure for its project of 6 laning of Chittorgarh – Gulabpura Bypass on NH-79

IRB Infra’s SPV achieves Financial Closure for its project of 6 laning of Chittorgarh – Gulabpura Bypass on NH-79   Ties up finances for Rs. 1,400 Crores at the cost of 10.25% p.a. Consortium of lenders led by State Bank of India to finance the project Sponsor’s contribution including internal accruals of Rs. 690 Crores […]

IRB Infra’s Pathankot – Amritsar Highway Project set to be transferred to IRB InvIT Fund by end of the month

Project to be transferred at an enterprise value of Rs.1569.33 crores; Company to receive Rs.544 Crores IRB Pathankot Amritsar Toll Road Ltd, SPV of IRB Infra manages the project Mumbai, 28th September 2017: IRB Infrastructure Developers Ltd., India’s leading and one of the largest highway infrastructure developers will transfer its Pathankot – Amritsar Highway Project […]

IRB Infra’s SPV Kaithal Tollway Pvt. Ltd. (KTPL) Achieves COD For its Kaithal – Rajasthan Border four Laning Highway Project

COMPANY STARTS TOLLING ON THE PROJECT W.E.F. 8TH SEPTEMBER 2017 IN LINE WITH THE PROVISIONAL CERTIFICATION FROM COMPETENT AUTHORITY CONCESSIONAIRE TO COLLECT USER FEES FOR 27 YEARS Mumbai, September 11, 2017: Kaithal Tollway Pvt. Ltd. (KTPL), the Special Purpose Vehicle of India’s leading and largest highway infrastructure developer, IRB Infrastructure Developers Ltd., has commissioned its […]

IRB Infra’s Spv Receives Appointed Date From NHAI For Its Udaipur – Rajasthan/ Gujarat Border Highway Project

COMPANY COMMENCED CONSTRUCTION WORK ON THE 113.8 KMS CORRIDOR NHAI ALLOWS SPV TO START TOLLING FROM 3RD SEPTEMBER 2017   Mumbai, September 4, 2017: Udaipur Tollway Private Ltd., wholly-owned Subsidiary and a Special Purpose Vehicle, of IRB Infrastructure Developers Ltd., India’s leading and the largest BOT player in the Highway Infrastructure Development Sector has received […]

IRB Posts Net Profit Rs. 238 Crs for Q1 – FY 2018; and declares Interim Dividend of Rs. Rs. 2.50 Per Share

Board approves offering of Pathankot – Amritsar project to IRB InvIT Fund. Net Profit ups 31% to Rs. 238 Crs, as against Rs. 182 Crs in Q1 – FY17 Total Income ups 21% to Rs. 1,870 Crs against Rs. 1,548 Crs in Q1 – FY17 Mumbai, July 24, 2017: IRB Infrastructure Developers Ltd. (IRB); India’s […]

IRB Infra’s SPV achieves Financial Closure for Rs.2088 Crores Udaipur – Gujarat Border 6 Laning project

Mumbai, July 5, 2017: Udaipur Tollway Pvt. Ltd., a Special Purpose Vehicle (SPV) of India’s largest Highways Infrastructure developers, IRB Infrastructure Developers Ltd., has successfully achieved Financial Closure for its Udaipur – Gujarat Border 6 Laning BOT project. The SPV, in terms of the Concession Agreement executed with the National Highway Authority of India (NHAI), […]

IRB posts Net Profit RS.207 Crs for Q4FY17 & Rs. 715 Crs for FY2017 declares 2nd interim dividend of 30%

Q4FY17 Net Profit ups 37% to Rs. 207 Crs against Rs. 151 Crs in FY16 FY17 Net Profit ups 12% to Rs. 715 Crs against Rs. 640 Crs in FY16 Q4FY17 Total Income ups 5% to Rs. 1,656 Crs against Rs. 1,571 Crs in Q4FY16 FY17 Total Income ups 14% to Rs. 5,969 Crs against […]

IRB Infrastructure Pvt. Ltd., wholly own subsidiary of IRB Infrastructure Developers Ltd., appoints Mr. Rajendra Pal Singh as Independent Director and Chairman of the Board

Mumbai, February 17, 2017: IRB Infrastructure Private Ltd., a wholly own subsidiary of IRB Infrastructure Developers Ltd. and an Investment Manager of IRB InvIT Fund, has appointed Mr. Rajinder Pal Singh as an Additional Director and Chairman to the Board with effect from 14th February 2017. Mr. Rajinder Pal Singh, IAS, (Age 65) has served […]

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