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IRB Infrastructure Developers reports 22% rise in Q2 consolidated net profit

21 Oct 2015 Evaluate

IRB Infrastructure Developers has reported results for second quarter ended September 30, 2015.

The company has reported 65.05% fall in its net profit at Rs 28.04 crore for the quarter ended September 30, 2015 as compared to Rs 80.24 crore for the same quarter in the previous year. The company’s total income has increased by 23.19% to Rs 674.95 crore for the quarter under review from Rs 547.91 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 22.48% rise in its net profit after taxes, minority interest and Share of Profit/(Loss) of Associates of Rs 149.11 crore for the quarter ended September 30, 2015 as compared to Rs 121.74 crore for the same quarter in the previous year. Total income of the company has increased by 29.31% at Rs 1179.30 crore for quarter under review as compared to Rs 911.98 crore for the quarter ended September 30, 2014.

IRB Infra.&Developer Share Price

22.07 0.07 (0.32%)
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Peers
Company Name CMP
Larsen & Toubro 4088.00
NCC 160.60
KEC International 575.50
Kalpataru Projects 1248.10
Ircon International 153.75
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