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IRB Infra Developers' net profit rises 4.6% to Rs 72.7 cr in Dec quarter

IRB Infrastructure Developers Ltd reported a 4.6 per cent rise in its consolidated net profit to Rs 72.68 crore for the quarter ended December 31, 2021.

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IRB Infrastructure Developers | IRB Infrastructure  | Q3 results

Press Trust of India  |  New Delhi 



IRB Infrastructure

Developers Ltd on Thursday reported a 4.6 per cent rise in its consolidated net profit to Rs 72.68 crore for the quarter ended December 31, 2021.

The company had clocked a Rs 69.48-crore net profit during the year-ago quarter, Developers said in a BSE filing.

Its total income during October-December 2021 fell to Rs 1,497.78 crore, against Rs 1,594.80 crore in the year-ago period.

The firm's expenses stood at Rs 1,280.22 crore, lower as compared with Rs 1,459.32 crore a year ago.

In a statement, the company said it achieved financial closures for the Pathankot-Mandi Hybrid Annuity Mode (HAM) project in Himachal Pradesh and Palsit-Dankuni BOT project in West Bengal.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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First Published: Thu, February 10 2022. 21:38 IST

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