{"id":369063,"date":"2020-08-21T11:09:30","date_gmt":"2020-08-21T05:39:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=369063"},"modified":"2020-08-21T11:09:30","modified_gmt":"2020-08-21T05:39:30","slug":"irb-invit-fund-q1-results-net-profit-declines-44-to-rs-24-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-invit-fund-q1-results-net-profit-declines-44-to-rs-24-crore\/","title":{"rendered":"IRB InvIT Fund Q1 results: Net profit declines 44% to Rs 24 crore"},"content":{"rendered":"<p>MUMBAI: IRB InvIT Fund on Thursday reported a 44.14 per cent decline in its net profit to Rs 23.91 crore for the quarter ended June on the back of lower toll collections due to coronavirus-induced lockdown. The InvIT had reported a net profit of Rs 42.81 crore in the corresponding quarter of last fiscal.<\/p>\n<p>Its gross income declined to Rs 198.48 crore in Q1 FY2021 as against Rs 322.85 crore a year ago, impacted largely due to lower income from operations.<\/p>\n<p>As a result, the board has declared a distribution of Rs 87 crore to the unit holders for the quarter as against Rs 174 crore declared in Q1 FY2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: IRB InvIT Fund on Thursday reported a 44.14 per cent decline in its net profit to Rs 23.91 crore for the quarter ended June on the back of lower toll collections due to coronavirus-induced lockdown. The InvIT had reported a net profit of Rs 42.81 crore in the corresponding quarter of last fiscal. Its gross income declined to Rs 198.48 crore in Q1 FY2021 as against Rs 322.85 crore a year ago, impacted largely due to lower income from operations. As a result, the board has declared a distribution of Rs 87 crore to the unit holders for the [&hellip;]<\/p>\n","protected":false},"author":39,"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-369063","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\/369063","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=369063"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369063\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=369063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=369063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=369063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}