Moneycontrol
Last Updated : Jan 25, 2018 05:18 PM IST | Source: CNBC-TV18

We will be able to maintain 12% yield for this year, says IRB InvIT

IRB InvIT reported Q3 earnings. In an interview to CNBC-TV18, Tushar Kawedia, CFO of the company discussed the company's Q3 performance.

CNBC TV18 @moneycontrolcom

IRB InvIT reported Q3 earnings. In an interview to CNBC-TV18, Tushar Kawedia, CFO of the company discussed the company's Q3 performance.

Kawedia said that the numbers were not comparable because of demonetisation suspension of tool for the corresponding quarter.

However, working out the same and actualising the same, we have seen more than 12 percent of revenue growth on corresponding quarter basis, he added.

He further said that the current yield is close to 12 percent and as per guidance we have considered 12 percent yield for this year. Therefore, with current set of numbers we will be able to maintain it easily.

Watch accompanying video for more details…
First Published on Jan 25, 2018 05:14 pm
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