{"id":445503,"date":"2021-10-27T08:27:56","date_gmt":"2021-10-27T02:57:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445503"},"modified":"2021-10-27T08:56:24","modified_gmt":"2021-10-27T03:26:24","slug":"irb-infra-logs-rs-42-cr-profit-in-jul-sept-raises-rs-5347-cr-from-2-funds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-infra-logs-rs-42-cr-profit-in-jul-sept-raises-rs-5347-cr-from-2-funds\/","title":{"rendered":"IRB Infra logs Rs 42 cr profit in Jul-Sept, raises Rs 5,347 cr from 2 funds"},"content":{"rendered":"<p>IRB Infrastructure Developers on Tuesday reported a consolidated net profit of Rs 42 crore for the second quarter ended on September 30.<\/p>\n<p>The company had posted a consolidated loss of Rs 20 crore in the corresponding quarter of the previous fiscal, it said in a statement.<\/p>\n<p>Total income during the quarter under review increased to Rs 1,504 crore from Rs 1,169 crore in the year-ago period.<\/p>\n<p>The company also announced raising a total of Rs 5,347 crore through preferential issue of equity shares to Cintra INR Investments BV and GIC Singapore&#8217;s sovereign wealth fund. <\/p>\n<p>The company said toll collections have witnessed pre-COVID-19 levels across almost all BOT assets, with a meaningful pick-up in economic activity across the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRB Infrastructure Developers on Tuesday reported a consolidated net profit of Rs 42 crore for the second quarter ended on September 30. The company had posted a consolidated loss of Rs 20 crore in the corresponding quarter of the previous fiscal, it said in a statement. Total income during the quarter under review increased to Rs 1,504 crore from Rs 1,169 crore in the year-ago period. The company also announced raising a total of Rs 5,347 crore through preferential issue of equity shares to Cintra INR Investments BV and GIC Singapore&#8217;s sovereign wealth fund. The company said toll collections have [&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":[135,130,168],"tags":[],"class_list":["post-445503","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445503","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=445503"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445503\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}