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 […]
IRB Infrastructure Developers Ltd. reports Net Profit of Rs.184 Crores for Q 3, FY 2017
DECLARES Rs.2 PER SHARE AS INTERIM DIVIDEND FOR FY17 NET PROFIT UP BY 10%; TOTAL INCOME UP BY 6% AS AGAINST Q3FY16 BAGGED RS.1530 CRS SIX LANING PROJECT IN RAJASTHAN FROM NHAI TOLL REVENUE POST DEMONETIZATION UPS BY 3% [(OCTOBER 2016 (BEFORE DEMONETIZATION) V/S. DECEMBER 2016 (POST DEMONETIZATION)] RECEIVES JURY’S HONOUR OF AN ‘OUTSTANDING CONTRIBUTION […]
IRB Infrastructure bags six laning of Kishangarh – Gulabpura project in Rajasthan
IRB INFRA BAGS SIX LANING OF KISHANGARH – GULABPURA HIGHWAY PROJECT IN RAJASTHAN Company emerged as a preferred bidder for the project; offers concession premium of Rs.186.30 Crores Project is 90 Kms section on NH – 79 & NH – 79A Project awarded to Company by NHAI under its NHDP Project Phase-V on Design, Build, […]
IRB Infrastructure bags six laning of Kishangarh – Udaipur – Ahmedabad highway project from NHAI
IRB INFRASTRUCTURE BAGS SIX LANING OF KISHANGARH – UDAIPUR – AHMEDABAD HIGHWAY PROJECT FROM NHAI Project is of around 125 Kms on NH -79 in the State of Rajasthan Subject to award, Company’s Construction Order Book will stand to increase to Rs. 11,300 crore MUMBAI, 20th September 2016: IRB Infrastructure Developers Ltd (IRB), India’s leading […]
IRB Infrastructure Developers Ltd. reports Net Profit of Rs.182 Crores for Q 1, FY 2017
Mumbai, August 11, 2016: IRB Infrastructure Developers Limited (‘IRB”), one of the largest Road BOT developers in India, has declared its unaudited financial results for the quarter ended June 30, 2016. Key Highlight of the results: On basis of Q1FY16 vis-à-vis Q1FY15: IRB has declared a profit of Rs. 182 crores on total income of […]
IRB’s SPV, AE Toll Road Pvt. Ltd., commences construction work of six laning on Agra – Etawah bypass road in UP
IRB’s SPV, AE Tollway Pvt. Ltd. commences construction work on six laning of the Agra – Etawah bypass road in UP IRB’s SPV to widen 124 Kms stretch on the NH-2 The cost of project is around Rs.2650 Crores Company has already achieved Financial Closure for the project Toll operation is for 24 years and […]