IRB Infra net profit rises multi-fold to Rs 363 crore in June quarter
Highways developer IRB Infrastructure Developers Ltd on Friday reported a multi-fold increase in consolidated net profit at Rs 363.19 crore for the quarter ended June 30.
The company had clocked a consolidated net profit of Rs 71.91 crore in the corresponding period of the previous fiscal, it said in a regulatory filing.
Total consolidated income during the quarter under review rose to Rs 1,995.40 crore as against Rs 1,670.48 crore in the year-ago period.
Its expenditure declined to Rs 1,452 crore during the June quarter, compared to Rs 1,529.73 crore earlier.
