IRB Infra Q1 Results: Net profit rises multi-fold to Rs 363 crore
Total consolidated income during the quarter under review rose to Rs 1,995.40 crore as against Rs 1,670.48 crore in the year-ago period.
Its expenditure declined to Rs 1,452 crore during the June quarter, compared to Rs 1,529.73 crore earlier.
IRB Infrastructure Developers, in a statement, said its board has approved sale of Vadodara Kim hybrid annuity model(HAM) project in Gujarat for Rs 342 crore.
At present, IRB Group’s portfolio (including private and public InvIT) has 22 road projects.
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