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 […]