IRB Infra ends up 2% on rise in net profit

Image
BS Reporter Mumbai
Last Updated : Jan 19 2013 | 11:47 PM IST

The stock ended with a gain of 2% at Rs 136. Around 2.33 million shares were traded today on the BSE.
________________________________________________________
(Updated at 1030 hrs)

IRB Infrastructure today opened at Rs 135, and soon zoomed to a high of Rs 140. The stock is currently trading at Rs 139.50, up 4.5% from the previous day's closing.

The stock has witnessed trades of 311,742 shares on the counter at the BSE so far.

According to a release issued by the company to the BSE, the group's net profit has surged 54% to Rs 175.85 crore for the year ended March 31, 2009 as compared to Rs 113.93 crore in the corresponding year.

Total income has increased 30% to Rs 1,021.48 crore from Rs 784.73 crore in the previous year.

 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 22 2009 | 4:16 PM IST

Next Story