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IRB Infrastructure Developers Ltd Q2FY24; 13% rise 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 Q2FY24 of ₹1,745.00 Crores up from ₹1,343.00 Crore year on year, a rise of 29.93%.
  • Total Expenses for Q2FY24 of ₹1,694.00 Crores up from ₹1,283.00 Crores year on year, a rise of 32.03%.
  • Consolidated Net Profit of ₹96.00 Crores up 12.94% from ₹85.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.16, up 14.29% from ₹0.14 in the same quarter of the previous year.
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