IRB Infrastructure Developers Limited (IRB), one of the largest Road BOT developers in India, has declared its unaudited financial results for the quarter ended September 30, 2015.
Key Highlight of the results:
On basis of Q2FY16 vis–vis Q2FY15:
IRB has declared a profit of Rs. 149 crores on total income of Rs. 1,179 crores for Q2FY16. Income from operations has increased by 30% to Rs.1,149 crores for Q2FY16 as against Rs.883 crores for Q2FY15.
(Rs. Crores)
Quarter ended Sept 30, 2015 Quarter ended Sept 30, 2014 Growth Total Income Rs.1,179 crores Rs.912 crores 29% EBITDA Rs. 635 crores Rs. 552 crores 15% Profit after tax Rs. 149 crores Rs.122 crores 22%
On basis of H1FY16 vis–vis H1FY15:
IRB has declared a profit of Rs. 315 crores on total income of Rs. 2,316 crores for H1FY16. Income from operations has increased by 19% to Rs. 2,258 crores for H1FY16 from Rs. 1,893 crores for H1FY15.
Half year ended Sept 30, 2015 Half year ended Sept 30, 2014 Growth Total Income Rs.2,316 crores Rs.1,949 crores 19% EBITDA Rs.1,291 crores Rs.1,141 crores 13% Profit after tax Rs.315 crores Rs.272 crores 16%
The Company has declared Rs. 2/- per share interim dividend on equity share of face value of Rs. 10/- each.
IRB construction Order book now stands at approximately Rs. 9,650 crores to be executed in the next three to four years. This gives IRB good visibility for the next three to four years.
About IRB
IRB is an integrated infrastructure development and construction company in India with significant experience in the toll roads and highways sector. IRB is one of the largest private developers in India with 20 Road BOT Projects out of which 14 Projects are under operation. IRB has been listed on the NSE and BSE since February 25, 2008. For further details, log onto http://www.irb.co.in.
