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IRB Infrastructure Developers reports 22% rise in Q3 consolidated net profit

06 Feb 2015 Evaluate

IRB Infrastructure Developers has reported results for third quarter ended December 31, 2014.

The company has registered a fall of 37.95% in its net profit after tax at Rs 15.83 crore for the quarter under review as compared to Rs 25.51 crore for the same quarter in the previous year. Total income of the company has decreased 12.46% at Rs 508.48 crore for Q3FY15 as compared Rs 580.88 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit rose 22.14% to Rs 132.55 crore for the Q3 FY15 as compared to Rs 108.52 crore in Q3 FY14. Moreover, the total income increased 9.62% to Rs 993.01 crore in the quarter under review as compared to Rs 905.9 crore in the corresponding quarter previous year.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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