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IRB Infrastructure Developers Ltd Q1FY24; 63% fall in Profits

IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. It is also in other business segments in the infrastructure sector, including maintenance of roads, construction, airport development and real estate.

Financial Results:

  • IRB Infrastructure Developers Ltd reported Revenues for Q1FY24 of ₹1,634.00 Crores down from ₹1,925.00 Crore year on year, a fall of 15.12%.
  • Total Expenses for Q1FY24 of ₹1,528.00 Crores up from ₹1,485.00 Crores year on year, a rise of 2.9%.
  • Consolidated Net Profit of ₹134.00 Crores down 63.09% from ₹363.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.22, down 63.33% from ₹0.60 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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