IRB Infrastructure soars on reporting 12% rise in Q1 consolidated net profit

31 Jul 2014

IRB Infrastructure Developers is currently trading at Rs. 253.65, up by 14.80 points or 6.20% from its previous closing of Rs. 238.85 on the BSE.

The scrip opened at Rs. 246.40 and has touched a high and low of Rs. 255.50 and Rs. 246.00 respectively. So far 786250 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 275.50 on 08-Jul-2014 and a 52 week low of Rs. 51.90 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 265.65 and Rs. 226.25 respectively. The current market cap of the company is Rs. 8375.58 crore.

The promoters holding in the company stood at 61.11% while Institutions and Non-Institutions held 29.18% and 9.71% respectively.

IRB Infrastructure Developers’ net profit has rose 12.40% at Rs 29.92 crore as compared to Rs 26.62 crore for the quarter ended June 30, 2013. However, its total income decreased by 11.31% to Rs 612.96 crore for the quarter under review from Rs 691.13 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 11.77% rise in its net profit at Rs 150.40 crore for the quarter as compared to Rs 134.56 crore for the same quarter in the previous year. However, total income has decreased marginally by 2.37% at Rs 1036.71 crore for quarter under review as compared to Rs 1061.93 crore for the quarter ended June 30, 2013.

Related IRB Infrastructure Developers Ltd. Links:

IRB Infra.&Developer Share Price

113.30 6.15 (5.74%) Mar 02, 13:45
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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