Road developer IRB Infrastructure's first quarter is expected to be steady in earnings as profit may increase nearly 4 percent year-on-year to Rs 188 crore.
Revenue during the quarter is seen falling 8.2 percent year-on-year to Rs 1,392 crore, according to average of estimates of analysts polled by CNBC-TV18.
Operating profit may drop 9.4 percent to Rs 700 crore and margin may contract 50 basis points to 50.4 percent compared with same quarter last year.
On like-to-like basis, execution at construction segment is expected to be flat, analysts feel.
Toll collection growth is expected to decline on account six assets which got transferred to InvIT.
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