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Informist, Wednesday, May 20, 2026

 

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--IRB Infra Jan-Mar consol net profit INR 2.96 bln 
--Analysts saw IRB Infra Jan-Mar consol net profit at INR 2.48 bln 
--IRB Infra Jan-Mar consol revenue INR 19.27 bln 
--Analysts saw IRB Infra Jan-Mar consol revenue at INR 18.57 bln 
--IRB Infra Jan-Mar consol net profit INR 2.96 bln vs INR 2.15 bln yr ago 
--IRB Infra Jan-Mar consol revenue INR 19.27 bln vs INR 21.49 bln year ago 
--IRB Infra to pay INR 0.05 per share interim dividend 
--IRB Infra interim dividend record date May 26 
--IRB Infra to continue as project manager for IRB Infra Trust's 12 SPVs 
--IRB Infra FY26 consol net profit INR 8.50 bln vs INR 64.81 bln yr ago 
--IRB Infra FY26 consol revenue INR 76.48 bln vs INR 76.13 bln year ago 
--IRB Infra Q4 consol construction sales INR 8.12 bln vs INR 11.98 bln yr ago 
--IRB Infra Jan-Mar consol EBITDA INR 1.13 bln vs INR 1.07 bln yr ago 
--IRB Infra CMD: All major IRB projects are now revenue generating 
--IRB Infra CMD: Expect strong profit growth ahead on higher toll revenues 

 

Prateem Rohanekar

 

MUMBAI – IRB Infrastructure Developers Ltd. on Wednesday reported a sharp year-on-year rise in its net profit for the March quarter on the back of a fall in the company's expenses. The company's net profit and revenue for the quarter beat the Street's expectations. 

 

IRB Infrastructure's net profit for the March quarter rose 38% on year to INR 2.96 billion. Analysts had expected the company's profit for the reporting quarter to be INR 2.48 billion. The company's March quarter revenue fell by over 10% on-year to INR 19.27 billion. Analysts had expected revenue to be INR 18.57 billion. Revenue from services, the company's largest source of sales, accounted for 79% of the company's top line, at INR 15.26 billion. 

 

The company's earnings before interest, taxes, depreciation, and amortisation for the reporting quarter rose by around 5.6% on-year to INR 1.13 billion.

 

Total expenses of the company fell by over 17% on year to INR 15.71 billion. Road work and site expenses for the company fell by over 15% on-year, while finance costs declined 11%. The company's road work and site expenses accounted for over one-third of total expenses, while finance costs were nearly one-fourth. 

 

IRB Infrastructure Developers will continue to act as the project manager for IRB Infrastructure Developers Trust's 12 special-purpose vehicles, the company said.

 

All the company's projects were now generating revenue with the operationalisation of the Ganga Expressway and expected to report strong profit growth driven by toll revenues, the company said, quoting its Chairman and Managing Director  Virendra Mhaiskar. 

 

The company's net profit for 2025-26 (Apr-Mar) fell nearly 87% on year to INR 8.50 billion. The company's revenue for the year rose marginally to INR 76.48 billion from INR 76.13 billion a year ago. 

 

The company said it will pay an interim dividend of INR 0.05 per share and set May 26 as the record date. 

 

Wednesday, shares of IRB Infrastructure Developers closed 4.6% higher at INR 21.13 on the National Stock Exchange.  End

 

Edited by Saji George Titus

 

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