IRB Infrastructure Developers Ltd. (NSE: IRB) operates through a number of subsidiaries and joint ventures, and has a portfolio of more than 23 operational toll road projects across India, spanning over 10,900 lane kilometers. The company also has a strong presence in the engineering, procurement and construction (EPC) and build-operate-transfer (BOT) segments of the infrastructure sector.
In addition to its core business of infrastructure development, IRB Infrastructure Developers Ltd. has diversified into other areas such as real estate development and the operation of hospitality businesses.
Here is a summary of the company’s quarterly earnings for the quarter ended December 31, 2021:
- The company reported consolidated Revenue of ₹1514.13 crores for the quarter, up 18% from the same quarter last year.
- The consolidated Net profit for the quarter was ₹141.35 crores, a significant increase of 94% from the same quarter last year.
- The company’s Operating margin was 49%, whereas the Net Profit margin was 9%.
- The BOT/TOT project segment’s contribution was ₹532.74 crores to the total revenue, which is up 9.4% from the same quarter last year.
- Project segment generated a Revenue of ₹977.58 crores in this quarter.