IRB InvIT’s consolidated profit dips 13% to Rs 173 crore in 2019-20
New Delhi: IRB InvIT, the country’s first listed infrastructure investment trust, on Friday reported a dip of 12.6 per cent in its consolidated profit to Rs 172.69 crore for the financial year 2019-20.
It had clocked a consolidated profit after income tax of Rs 197.76 crore for the financial year 2018-19, IRB InvIT said in a regulatory filing to the BSE.
Consolidated total income and gains during 2019-20 stood at Rs 1,270.09 crore, against Rs 1,233.40 crore in the previous financial year.
Total expenses were Rs 1,097.26 crore, compared with Rs 1,034.13 crore a year ago.
