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 […]
IRB Infra declares financial results for Q4 and FY 18
Q4 Net Profit rises 16% QoQ to Rs. 240 Crs FY 18 Net Profit rises 29% YoY to Rs. 920 Crs Total Income for Q4 stands at Rs. 1,432 Crs; for FY18 at Rs. 5,683 Crs Mumbai, May 3, 2018: IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest highways infrastructure developers, […]
Important Media Statement – CBI FILES A CLOSURE REPORT IN MR. SATISH SHETTY’S MURDER CASE; EXONERATES MR. VIRENDRA D. MHAISKAR, CMD, IRB INFRASTRUCTURE DEVELOPERS LTD AND OTHER COMPANY OFFICIALS
Mumbai, April 18, 2018: Further to the recent acquittal from Pune land grab case, the CBI, an investigating agency, has now exonerated Mr. Virendra D. Mhaiskar, Chairman & Managing Director and all other IRB Infra Officials also from having any involvement in the murder case of an RTI Activist Mr. Satish Shetty. The agency has […]
Important Media Statement – CBI COURT DISCHARGES MR. VIRENDRA D. MHAISKAR, CMD, IRB INFRASTRUCTURE DEVELOPERS LTD AND OTHER COMPANY OFFICIALS FROM ALL CHARGES FRAMED BY CBI
Mumbai, March 28, 2018: CBI Court, Pune has today discharged Mr. Virendra D. Mhaiskar, Chairman & Managing Director and all other IRB Infra Officials from all charges levied by the CBI against them in Pune land case. IRB Infra had filed an Application for Discharge on the ground that the charge sheet filed against Mr. […]