IRB Infrastructure Q1 profit zooms 51% YoY to Rs 306 crore

IRB Infrastructure has reported a remarkable 51 percent profit increase for the June quarter, bolstered by strong revenue figures. The company experienced a modest rise in total income compared to last year's performance. Additionally, they announ...

IRB Infrastructure Q1 profit zooms 51% YoY to Rs 306 crore
IRB Infrastructure on Thursday posted 51 per cent year-on-year rise in consolidated net profit at Rs 306.27 crore for June quarter FY27, supported by higher revenues.

The company had logged a net profit of Rs 202.48 crore in April-June FY26.

According to an exchange filing, total income rose to Rs 2,172.66 crore in the first quarter from Rs 2,164.5 crore in the same period a year ago.


The company declared interim dividend of Rs 60 crore.

In a statement, the company said Q1FY27 toll revenue rose 14 per cent year-on-year to Rs 733 crore.

Virendra D Mhaiskar, Chairman & Managing Director, IRB Infrastructure said:"We are successfully navigating the current global economic challenges, driven by the strength of our Rs 94,000 crore asset portfolio."
ADVERTISEMENT

IRB is confidently moving towards its goal of a Rs 1,40,000 crore asset base by 2030, ensuring accelerated and long-term value for all our stakeholders, he added.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Earnings › IRB Infrastructure Q1 profit zooms 51% YoY to Rs 306 crore
Text Size:AAA
Success
This article has been saved

*

+