IRB Infrastructure Developers standalone net profit declines 24.22% in the March 2018 quarter

Sales decline 30.29% to Rs 703.96 crore

Net profit of IRB Infrastructure Developers declined 24.22% to Rs 127.87 crore in the quarter ended March 2018 as against Rs 168.74 crore during the previous quarter ended March 2017. Sales declined 30.29% to Rs 703.96 crore in the quarter ended March 2018 as against Rs 1009.79 crore during the previous quarter ended March 2017.

For the full year,net profit rose 118.51% to Rs 444.10 crore in the year ended March 2018 as against Rs 203.24 crore during the previous year ended March 2017. Sales declined 15.05% to Rs 2898.94 crore in the year ended March 2018 as against Rs 3412.54 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales703.961009.79 -30 2898.943412.54 -15 OPM %9.9820.60 -10.8610.90 - PBDT143.64240.50 -40 515.86291.93 77 PBT143.64240.50 -40 515.86291.93 77 NP127.87168.74 -24 444.10203.24 119

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