IRB Infra Net Profit Jumps 45% to Rs 202 Cr
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IRB Infrastructure reports a 45% increase in net profit to Rs 202.4 crore in Q1 FY26, driven by higher revenues and strong toll collections.
New Delhi, Aug 14 (PTI) IRB Infrastructure on Thursday posted an over 45 per cent year-on-year (y-o-y) rise in consolidated net profit to Rs 202.4 crore in the June quarter of FY26, supported by higher revenues.
The company had logged a net profit of Rs 139.9 crore in the April-June period of the 2024-25 financial year.
According to an exchange filing, its total income rose to Rs 2,164.5 crore in the first quarter from Rs 1,971.6 crore in the same period a year ago.
Revenue from services was at Rs 1,865.9 crore, higher from Rs 1,852.9 crore in Q1 of FY25.
In a statement, the company said Q1FY26 toll revenue has risen 8 per cent Y-o-Y to Rs 1,680 crore from Rs 1,555 crore in Q1FY25.
Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Limited said, "Looking ahead, with India's GDP outlook remaining strong supporting robust market opportunities and the Government's continued thrust on PPP-based infrastructure, we are primed to capture the next wave of opportunities. The combination of organic growth from our existing assets and the addition of new projects positions us for a sustained, accelerated growth.
The company had logged a net profit of Rs 139.9 crore in the April-June period of the 2024-25 financial year.
According to an exchange filing, its total income rose to Rs 2,164.5 crore in the first quarter from Rs 1,971.6 crore in the same period a year ago.
Revenue from services was at Rs 1,865.9 crore, higher from Rs 1,852.9 crore in Q1 of FY25.
In a statement, the company said Q1FY26 toll revenue has risen 8 per cent Y-o-Y to Rs 1,680 crore from Rs 1,555 crore in Q1FY25.
Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Limited said, "Looking ahead, with India's GDP outlook remaining strong supporting robust market opportunities and the Government's continued thrust on PPP-based infrastructure, we are primed to capture the next wave of opportunities. The combination of organic growth from our existing assets and the addition of new projects positions us for a sustained, accelerated growth.
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