IRB Infrastructure Developers reports 5% fall in Q1 consolidated net profit

IRB Infrastructure Developers has reported results for the first quarter ended June 30, 2013.

On standalone basis, the company has posted a fall of 28.67% in its net profit at Rs 26.62 crore for the quarter ended June 30, 2013 as compared to Rs 37.32 crore for the same quarter in the previous year.  However, total income has increased by 6.19% at Rs 683.33 crore for quarter under review as compared to Rs 643.51 crore for the quarter ended June 30, 2012.

On consolidated basis, the Group has posted a  fall of 5.13% in its net profit after taxes, Minority Interest and Share of Profit of Associates at Rs 134.56 crore for the quarter ended June 30, 2013 as compared to Rs 141.84 crore for the same quarter in the previous year. However, total income has increased by 4.91% at Rs 1061.93 crore for quarter under review as compared to Rs 1012.25 crore for the quarter ended June 30, 2012.