IRB Infrastructure Developers has reported results for its third quarter ended December 31, 2011.
The company has posted a 439.27% jump in net profit of Rs 35.70 crore for the quarter ended December 31, 2011 as compared to Rs 6.62 crore for the same quarter in the previous year. Total income has zoomed by 560.29% from Rs 72.80 crore for Q3FY11 to Rs 480.69 crore in the quarter under review.
On the consolidated basis the group has posted a marginal fall of 1.22% in its net profit ordinary activities after tax and minority interest to Rs 131.39 crore for the quarter ended December 31, 2011 as compared to Rs 133.01 crore in the same quarter last year. Total Income of the company improved by 14.51% to Rs 779.23 crore for the quarter compared to Rs 680.52 crore in the quarter, year ago.
