IRB Infrastructure Developers has reported results for the first quarter ended June 30, 2020.
The company has reported a fall of 69.94% in its net profit at Rs 16.63 crore for the quarter under review as compared to net profit of Rs 55.33 crore for the same quarter in the previous year. Total income of the company decreased by 28.87% at Rs 651.98 crore for Q1FY21 as compared Rs 916.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss at Rs 30.14 crore for the quarter under review as compared to net profit of Rs 206.62 crore for the same quarter in the previous year. Total income of the company decreased by 41.06% at Rs 1,073.46 crore for Q1FY21 as compared Rs 1,821.13 crore for the corresponding quarter previous year.
