NEW DELHI: IRB Infrastructure Developers Tuesday reported a 13.24% decline in consolidated net profit to ₹208.01 crore during the quarter ended March 31, 2019.
The highways developer had clocked a consolidated net profit of ₹239.77 crore in the corresponding quarter of 2017-18, it said in a regulatory filing to the BSE.
Total consolidated income for January-March quarter rose to ₹1,998.91 crore from ₹1,432.10 crore in the year-ago period.
Total expenses rose to ₹1,637.71 crore during the quarter under review from ₹1,047.62 crore in the corresponding quarter a year ago.
For the entire year, the company posted a consolidated net profit of ₹849.96 crore as against ₹919.65 crore in the previous fiscal.
