IRB Infra Developers' net profit rises 4.6% to Rs 72.7 cr in Dec quarter

IRB Infrastructure Developers Ltd reported a 4.6 per cent rise in its consolidated net profit to Rs 72.68 crore for the quarter ended December 31, 2021.

IRB Infrastructure

Press Trust of India New Delhi
IRB Infrastructure Developers Ltd on Thursday reported a 4.6 per cent rise in its consolidated net profit to Rs 72.68 crore for the quarter ended December 31, 2021.
The company had clocked a Rs 69.48-crore net profit during the year-ago quarter, IRB Infrastructure Developers said in a BSE filing.
Its total income during October-December 2021 fell to Rs 1,497.78 crore, against Rs 1,594.80 crore in the year-ago period.
The firm's expenses stood at Rs 1,280.22 crore, lower as compared with Rs 1,459.32 crore a year ago.
In a statement, the company said it achieved financial closures for the Pathankot-Mandi Hybrid Annuity Mode (HAM) project in Himachal Pradesh and Palsit-Dankuni BOT project in West Bengal.

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First Published: Feb 10 2022 | 9:38 PM IST

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