IRB Infra’s SPV achieves Financial Closure for its project of 6 laning of 90 Kms on Kishangarh – Gulabpura stretch of NH-79
Ties up finances for Rs. 1,020 Crores at the cost of 10.20 % p.a. from the Consortium of lenders led by State Bank of India Company to commence Construction and Tolling soon Mumbai, February 14, 2018: KG Tollway Pvt. Ltd., a Special Purpose Vehicle (SPV) of India’s leading and one of the largest Highways Infrastructure […]
IRB posts Net Profit of Rs. 207 Cr for Q3 FY18; declares Rs. 2.50 per share as second interim dividend
Announces Q3 FY18 results; Net Profit up 13% YoY Total income for Q3FY18 is 1,342 Cr; Wins prestigious ‘FinanceAsia Achievement Award 2017 – Best India Deal’ for launching and listing of India’s first InvIT IPO and raising ~Rs.5000 Cr Mumbai, February 7, 2018: IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest […]
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 […]
IRB Infra’s SPV Kaithal Tollway Pvt. Ltd. (KTPL) Achieves COD For its Kaithal – Rajasthan Border four Laning Highway Project
COMPANY STARTS TOLLING ON THE PROJECT W.E.F. 8TH SEPTEMBER 2017 IN LINE WITH THE PROVISIONAL CERTIFICATION FROM COMPETENT AUTHORITY CONCESSIONAIRE TO COLLECT USER FEES FOR 27 YEARS Mumbai, September 11, 2017: Kaithal Tollway Pvt. Ltd. (KTPL), the Special Purpose Vehicle of India’s leading and largest highway infrastructure developer, IRB Infrastructure Developers Ltd., has commissioned its […]
IRB Infra’s Spv Receives Appointed Date From NHAI For Its Udaipur – Rajasthan/ Gujarat Border Highway Project
COMPANY COMMENCED CONSTRUCTION WORK ON THE 113.8 KMS CORRIDOR NHAI ALLOWS SPV TO START TOLLING FROM 3RD SEPTEMBER 2017 Mumbai, September 4, 2017: Udaipur Tollway Private Ltd., wholly-owned Subsidiary and a Special Purpose Vehicle, of IRB Infrastructure Developers Ltd., India’s leading and the largest BOT player in the Highway Infrastructure Development Sector has received […]
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), […]