Friday 31 January 2014

IRB Infrastructure Developers reports 24% fall in Q3 consolidated net profit

IRB Infrastructure Developers has reported results for third quarter ended December 31, 2013.

The company has reported 48.41% fall in its net profit at Rs 25.51 crore for the quarter as compared to Rs 49.45 crore for the same quarter in the previous year.  However, Total income from operations of the company has increased by 15.63% at Rs 581.18 crore for quarter under review as compared to Rs 502.59 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 23.96% fall in its net profit at Rs 108.52 crore for the quarter ended December 31, 2013 as compared to Rs 142.71 crore for the same quarter in the previous year. Total income from operations of the group has decreased by 4.30% at Rs 905.90 crore for quarter under review as compared to Rs 946.57 crore for the quarter ended December 31, 2012.

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