IRB Infrastructure Developers posted a good set of first quarter earnings in FY18. In an interview to CNBC-TV18, Anil Yadav, Group CFO of the company discussed the details.
The toll revenue growth for Q1 FY17 is around 14-15 percent and construction revenue growth is close to 40 percent, he said.
Margins came down because of the change in product mix. Other income include profit from transfer of special purpose vehicle (SPV) into infrastructure investment trust (InvIT), said Yadav.
Company plans to add three Rajasthan projects which will lead to increase in build-operate-transfer (BOT) revenues from Q2, he added.
We have taken an approval to transfer Pathankot asset and it will be transferred on the same internal rate of return (IRR) and same growth numbers that we have assumed at the time of the transfer of the trust, he further mentioned.
For full discussion, watch accompanying video...
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