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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 […]