IRB Infrastructure Developers has reported results for first quarter ended June 30, 2015.
The company has reported 3 fold jump in its net profit at Rs 94.23 crore for the quarter ended June 30, 2015 as compared to Rs 29.92 crore for the same quarter in the previous year. However, the company’s total income has decreased by 3.41% to Rs 592.03 crore for the quarter under review from Rs 612.95 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 10.34% rise in its net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates at Rs 165.94 crore for the quarter ended June 30, 2015 as compared to Rs 150.39 crore for the same quarter in the previous year. Total income of the company has increased by 9.65% at Rs 1136.74 crore for quarter under review as compared to Rs 1036.71 crore for the quarter ended June 30, 2014.