Read more about IRB Infra posts 37% drop in fourth quarter profit at Rs 97.45 crore on Business Standard. The firm s expenses stood at Rs 1,474.27 crore, as compared to Rs 1,445.29 crore a year ago.
IRB Infra wins Rs 828 crore highway project from NHAI in Himachal Pradesh
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Last Updated: Apr 01, 2021, 03:29 PM IST
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At present, IRB Group s portfolio (including Private and Public InvIT) has 23 projects that include 19 BOT, 1 TOT (toll operate transfer) and 3 HAM (hybrid annuity mode) projects.
IRB Infrastructure Developers Ltd (IRB) on Thursday said it has received a letter of award from National Highways Authority of India (NHAI) for a Rs 828 crore project in Himachal Pradesh. On receipt of the award, the company s order book stands at Rs 14,509 crore. The company has received Letter of Award from NHAI for the project of Rehabilitation and Upgradation to Four Lane configuration & Strengthening of Punjab/HP Border. of NH-20 (New NH-154) of Pathankot-Mandi Section in the state of Himachal Pradesh on Hybrid Annuity Mode (HAM), the company said in a regulatory filing to the BSE.
IRB Infra shares surge after company wins 2 highway projects indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
IRB Infrastructure Developers Ltd on Monday reported a 56 per cent decline in its consolidated net profit to Rs 69.48 crore for the quarter ended December 31, 2020. The company had clocked a Rs 159.73-crore net profit during the year-ago quarter, IRB Infrastructure Developers said in a BSE filing. Its total income during October-December 2020 fell to Rs 1,594.80 crore, from Rs 1,790.17 crore in the year-ago period. The firm s expenses stood at Rs 1,459.32 crore, lower as compared with Rs 1,534.36 crore a year ago. In a statement, the company said, It has bounced back to post the net profit of Rs 69 crore in the third quarter of 2020-21, leaving behind the adverse impact of the COVID-19 pandemic on operations in initial quarters of 2020-21.