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IRB Infrastructure Developers reports 6% rise in Q3 consolidated net profit

04 Feb 2019 Evaluate

IRB Infrastructure Developers has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 37.15% in its net profit at Rs 47.42 crore for the quarter under review as compared to Rs 75.45 crore for the same quarter in the previous year. However, Total income of the company increased by 6.02% at Rs 850.97 crore for Q3FY19 as compared Rs 802.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.60% in its net profit at Rs 218.90 crore for the quarter under review as compared to Rs 207.30 crore for the same quarter in the previous year. Total income of the company increased by 36.77% at Rs 1,835.02 crore for Q3FY19 as compared Rs 1,341.67 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Larsen & Toubro 3699.00
Kalpataru Projects 1456.60
NCC 126.90
Rail Vikas Nigam 196.00
KEC International 362.35
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