IRB Infrastructure Developers has reported results for second quarter ended September 30, 2012.

The company has reported a jump of about five fold in its net profit at Rs 51.01 crore for the quarter ended September 30, 2012 as compared to Rs 10.65 crore for the same quarter in the previous year. Total income from operations has zoomed 223.76% at Rs 505.84 crore for quarter under review as compared to Rs 156.24 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted a rise of 9.91% in its net profit after tax and minority interest at Rs 120.97 crore for the quarter ended September 30, 2012 as compared to Rs 110.06 crore for the same quarter in the previous year. Total income has increased by 14.65% at Rs 878.43 crore for quarter under review as compared to Rs 766.19 crore for the quarter ended September 30, 2011.

IRB Infrastructure Developers has approved the declaration of second interim dividend of Re 1 per equity share of face value of Rs 10 each, for the financial year 2012-13. Second interim dividend will be paid / dispatched to the equity shareholders of the company on or before November 19, 2012.

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Larsen & Toubro 1462.10
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KEC International 473.15
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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