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IRB Infrastructure net profit dips 17 pc to Rs 207 cr in June quarter

Press Trust of India  |  New Delhi 

IRB Infrastructure Developers on Tuesday reported a 17.38 per cent decline in its consolidated net profit to Rs 206.62 crore during the quarter ended June 30.

The highways developer had clocked a consolidated net profit of Rs 250.09 crore in the corresponding quarter of 2017-18, it said in a regulatory filing to the BSE.

The company's total consolidated income rose to Rs 1,821.12 crore, compared with Rs 1,583.24 crore in the year-ago period.

Its total expenses rose to Rs 1,433.95 crore during the quarter, from Rs 1,173.45 crore in the corresponding quarter a year ago.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 06 2019. 20:15 IST