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IRB Infrastructure Developers Ltd News

IRB Infrastructure jumps over 2% on strong June toll revenue growth

The uptick in the stock price came after the company announced a strong set of June toll revenue collections

IRB Infrastructure jumps over 2% on strong June toll revenue growth
Updated On : 11 Jul 2024 | 9:36 AM IST

IRB Infra block deal: Stock drops 9% after over 600 mn shares change hands

Reports suggested Cintra, a toll road subsidiary of the Dutch major Ferrovial, was looking to sell up to 5 per cent stake in IRB Infrastructire Developer

IRB Infra block deal: Stock drops 9% after over 600 mn shares change hands
Updated On : 11 Jun 2024 | 9:52 AM IST

Buzzing: IRB Infra block deal, Vi Board meet, RVNL, Raymond order win

Stocks to Watch on Tuesday, June 11, 2024: Domino's, a franchise of Jubilant FoodWorks, opened its 2000th store in the country on Monday

Buzzing: IRB Infra block deal, Vi Board meet, RVNL, Raymond order win
Updated On : 11 Jun 2024 | 8:07 AM IST

IRB Infrastructure share price soars 4% on robust May toll collection

The uptick in share price came on the back of strong toll revenue collection in May 2024

IRB Infrastructure share price soars 4% on robust May toll collection
Updated On : 07 Jun 2024 | 9:47 AM IST

IRB Infra block deal: Stock sinks 13% after over 300 mn shares change hands

IRB Infra stock news: Reports suggest IRB Holding Pvt Ltd, and Deepali Virendra Mhaiskar could be likely sellers

IRB Infra block deal: Stock sinks 13% after over 300 mn shares change hands
Updated On : 30 May 2024 | 9:58 AM IST

IRB Infra Q4 results: Net profit jumps 45% to Rs 189 cr, revenue up 27%

Co's toll revenue increased by 29 per cent in April, earned Rs 503 crore from its highways

IRB Infra Q4 results: Net profit jumps 45% to Rs 189 cr, revenue up 27%
Updated On : 07 May 2024 | 9:15 PM IST

IRB Infrastructure Q4 results: Net profit grows 45% to Rs 189 crore

IRB Infrastructure Developers on Tuesday reported a 45 per cent rise in consolidated net profit to Rs 188.87 crore for the March 2024 quarter, mainly due to higher income. Its net profit was Rs 130.15 crore in the quarter ended March 2023, the company said in a regulatory filing. Total income surged to Rs 2,504.49 crore from Rs 1,698.91 crore in the year-ago period. Total expenses also rose to Rs 2,060.15 crore as against Rs 1,456.65 crore a year ago. The consolidated net profit rose to Rs 605.81 crore in fiscal 2023-24 compared to Rs 720.01 crore in FY23. The income for the entire year was Rs 8,201.76 crore over Rs 6,703.31 crore a year ago. In a separate statement, the company said it has paid Rs 181 crore as dividend for FY24, including a third interim dividend of 10 paise declared on Tuesday. "FY24 was an astounding year. We not only received three prestigious TOT (Toll Operate Transfer) awards but also tied up finances, made an upfront payment of concession fees to the resp

IRB Infrastructure Q4 results: Net profit grows 45% to Rs 189 crore
Updated On : 07 May 2024 | 5:43 PM IST

Cintra deal, expanding order book triggers for IRB Infrastructure

IRB Infrastructure Developers (IRB) owns 51 per cent of the units, with the remaining 49 per cent held by various GIC Affiliates

Cintra deal, expanding order book triggers for IRB Infrastructure
Updated On : 21 Mar 2024 | 8:39 PM IST

IRB Infra Q3 results: Net profit rises by 32.49% to Rs 187.42 crore

IRB Infrastructure Developers Ltd on Wednesday reported a 32.49 per cent rise in its consolidated net profit to Rs 187.42 crore for the quarter ended December 2023. The company had clocked a net profit of Rs 141.35 crore during the year-ago quarter, IRB Infrastructure Developers said in a BSE filing. Its total income during October-December 2023 rose to Rs 2,077 crore from Rs 1,570 crore a year ago. The firm's expenses increased to Rs 1,783 crore from Rs 1,351 crore. The company, in a statement, said its private InvIT associate was awarded TOT-12 and TOT-13 projects in Madhya Pradesh and Rajasthan.

IRB Infra Q3 results: Net profit rises by 32.49% to Rs 187.42 crore
Updated On : 31 Jan 2024 | 8:26 PM IST