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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), […]