{"id":337572,"date":"2020-02-15T11:12:47","date_gmt":"2020-02-15T05:42:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337572"},"modified":"2020-02-15T12:20:21","modified_gmt":"2020-02-15T06:50:21","slug":"irb-infra-q3-pat-down-27-at-rs-160-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-infra-q3-pat-down-27-at-rs-160-crore\/","title":{"rendered":"IRB Infra Q3 PAT down 27% at Rs 160 crore"},"content":{"rendered":"<p>IRB Infrastructure Developers on Friday reported a 27 per cent decline in consolidated profit after tax (PAT) at Rs 159.73 crore for the quarter ended December 2019. The infrastructure company had clocked a consolidated PAT of Rs 218.90 crore for the corresponding period a year-ago, it said in a regulatory filing to the BSENSE 0.77 %.<\/p>\n<p>Total income for the quarter declined to Rs 1,790.17 crore as against Rs 1,835.02 crore in the year-ago period.<\/p>\n<p>Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier. <\/p>\n<p>The company&#8217;s Chairman and Managing Director Virendra D Mhaiskar said, &#8220;Our execution pace continues to be strong and the quarter marked a return of traffic growth &#8211; presumably led by slight pick-up in economic activity across India. With Goa Kundapur project getting commissioned, all of our projects are now revenue generating.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRB Infrastructure Developers on Friday reported a 27 per cent decline in consolidated profit after tax (PAT) at Rs 159.73 crore for the quarter ended December 2019. The infrastructure company had clocked a consolidated PAT of Rs 218.90 crore for the corresponding period a year-ago, it said in a regulatory filing to the BSENSE 0.77 %. Total income for the quarter declined to Rs 1,790.17 crore as against Rs 1,835.02 crore in the year-ago period. Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier. The company&#8217;s Chairman and Managing Director Virendra D Mhaiskar said, &#8220;Our execution pace [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-337572","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337572"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337572\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}