IRB Infra’s Hapur Bypass Project SPV receives Appointed Date from NHAI; starts Construction & Tolling
Project is 6 laning of Hapur – Moradabad stretch of 99.867 Kms on NH-9, with Concession Period of 22 years Consortium led by the State Bank of India has financed the Project Mumbai, May 28, 2019: IRB Hapur Moradabad Tollway Pvt. Ltd., a Special Purpose Vehicle (SPV) of India’s leading and one of the largest […]
IRB Infra’s FY19 Consolidated Income up 18% to Rs.6,903 Crs; Q4 Consolidated Income up 40% to Rs.1,999 Crs
Mumbai, May 28, 2019: IRB Infrastructure Developers Ltd. (IRB), India’s leading and one of the largest highway infrastructure developers, have posted Consolidated Income of Rs.1,999 Crs for Q4 and Rs. 6,903 Crs for entire FY19; which is up by 40% and 18% respectively as compared to the corresponding period of FY18. For the entire FY19, […]
IRB INFRA’S SPV COMMISSIONS YEDESHI : AURANGABAD HIGHWAY
Media Release: IRB INFRA’S SPV COMMISSIONS YEDESHI – AURANGABAD HIGHWAY FOUR LANING OF AROUND 162 KMS COMPLETED AND THROWN OPEN FOR PUBLIC OUT OF TOTAL LENGTH OF 189 KM STRETCH OF NH211 SPV STARTS TOLL COLLECTION W.E.F 17TH MARCH 2019, IN LINE WITH THE PROVISIONAL CERTIFICATION FROM COMPETENT AUTHORITY PROJECT HAS A CONCESSION PERIOD OF […]
Q3FY19 Results: IRB Infrastructure posts Net Profit Rs. 219 Crs; Total Income Rs. 1,835 Crs
Net Profit up 6%; Total Income up 37% against Q3FY18 Mumbai, February 4, 2019: IRB Infrastructure Developers Ltd. (IRB Infra) has posted Net Profit of Rs. 219 Crs for the 3rd Quarter ended 31st December 2018; thus registering growth of 6% as against the corresponding quarter of FY18. The Company has also posted Total Income […]
IRB Infra’s SPV gets Appointed Date from NHAI for Gujarat HAM Project; Company’s first HAM project to commence construction soon
IRB Infra’s SPV gets Appointed Date from NHAI for Gujarat HAM Project; Company’s first HAM project to commence construction soon The Project is 23.740 Kms long and parts upcoming Vadodara – Mumbai Expressway Company recently achieved Financial Closure on this project Mumbai, January 18, 2019: VK-1 Expressway Private Ltd., a wholly-owned subsidiary and a Special […]
IRB Infra posts Net Profit of Rs. 173 Crs for Q2, up 32%; H1 Net Profit at Rs. 423 Crs, up 22%
CRISIL initiates rating for the Company “A+ with Positive Outlook” Achieved financial closures for all three HAM projects Mumbai, October 30, 2018: IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest highways infrastructure developers today announced unaudited financial results for second quarter and first half of the FY19. The highlights of Financial […]
IRB Infra achieves Financial Closure for 3rd HAM project in a month’s span, following two successive closures last month
Project is 8 laning of 23.40 Kms section of Vadodara – Mumbai Expressway Financial Closure achieved before time at the Bid Project Cost Ties up finances for Rs. 981 Crores from lenders NHAI support for project will be Rs. 817 Crores Equity Contribution from Company will be Rs. 245 Crores Mumbai, October 18, 2018: IRB […]
IRB Infra achieves another Financial Closure through its SPV. SPV Ties up Finances for second HAM project on successive day
Project is 4 laning of 56.80 Kms section between Poondiyankuppam and Sattanathapuram on NH-32 Financial Closure achieved before time at the Bid Project Cost Ties up finances for Rs. 1,029 Crores from lenders NHAI support for project will be Rs. 909 Crores Equity Contribution from Company will be Rs. 265 Crores Mumbai, September 29, 2018: […]
IRB Infra’s SPV achieves Financial Closure for its 4 laning project of 38 Kms on Puducherry – Poondiyankuppam stretch of NH-32
Before time Financial Closure for Company’s first Hybrid Annuity project at Bid Project Cost Ties up finances for Rs. 617 Crores from lenders NHAI support for project will be Rs. 543 Crores Equity Contribution from Company will be Rs.159 Crores Mumbai, September 28, 2018: IRB PP Project Private Limited, a Special Purpose Vehicle (SPV) of […]
IRB Infra posts Q1 Net Profit of Rs. 250 Crs; up 5% YoY Declares Interim Dividend of Rs. 2.50 per share
Total Income for Q1 stands at Rs. 1,583 Crs Signed Concession Agreements for all projects bagged in Q4 FY18 Mumbai, July 25, 2018: IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest integrated highways infrastructure developers, has posted Net Profit of Rs. 250 Crs; thus, registering growth of 5%, against Rs. 238 […]