IRB Infra Q1 beats street, profit rises 10.4% to Rs 166 cr

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Moneycontrol Bureau

IRB Infrastructure Developers' first quarter consolidated net profit grew by 10.4 percent year-on-year to Rs 166 crore, supported by operational performance and revenue growth.

Consolidated total income increased 9.8 percent to Rs 1,109 crore compared to Rs 1,010 crore in the same quarter last year, said the Mumbai-based road developer in its filing.

Overall numbers were slightly above analysts' expectations. Profit was estimated at Rs 151 crore on revenue of Rs 1,084 crore for the quarter, according to average of estimates of analysts polled by CNBC-TV18.

Operating profit (earnings before interest, tax, depreciation and amortisation) climbed 11.6 percent year-on-year to Rs 628.5 crore and margin expanded by 100 basis points to 56.7 percent in the quarter ended June, which were ahead of estimates of Rs 609 crore and 56.2 percent, respectively.

Raw material cost during the quarter declined 35.3 percent to Rs 117.63 crore from Rs 181.7 crore during the same period while finance cost spiked 8 percent year-on-year to Rs 234.1 crore and tax expenses increased 21.5 percent to Rs 55.4 crore in June quarter.

Shares of IRB Infrastructure Developers closed at Rs 235.50, down Rs 3.75, or 1.57 percent on the Bombay Stock Exchange.Posted by Sunil Shankar Matkar