IRB Infrastructure Developers reports 28% rise in Q3 consolidated net profit

29 Jan 2016

IRB Infrastructure Developers has reported results for third quarter ended December 31, 2015.

The company has reported around seven fold jump in its net profit at Rs 108.26 crore for the quarter ended December 31, 2015 as compared to Rs 15.83 crore for the same quarter in the previous year. Its total income has increased by 81.12% to Rs 920.96 crore for the quarter under review from Rs 508.48 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 27.95% rise in its net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates at Rs 169.61 crore for the quarter ended December 31, 2015 as compared to Rs 132.56 crore for the same quarter in the previous year. Total income of the company has increased by 37.44% at Rs 1364.82 crore for quarter under review as compared to Rs 993.01 crore for the quarter ended December 31, 2014.   

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