IRB Infrastructure announces Q2 results

IRB Infrastructure Developers Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:

The Company has posted a net loss of Rs (4.775) million for the quarter ended September 30, 2009 as compared to net profit of Rs 40.839 million for the quarter ended September 30, 2008. Total Income has decreased from Rs 63.674 million for the quarter ended September 30, 2008 to Rs 52.312 million for the quarter ended September 30, 2009.

The Unaudited Consolidated Results are as follows

The Group has posted a net profit after tax & minority interest of Rs 708.182 million for the quarter ended September 30, 2009 as compared to Rs 412.088 million for the quarter ended September 30, 2008. Total Income has increased from Rs 2097.787 million for the quarter ended September 30, 2008 to Rs 3632.828 million for the quarter ended September 30, 2009.