-
In an interview to CNBC-TV18, Anil Yadav, Group CFO of IRB Infrastructure Developers discussed the company's Q2 performance.
-
Would look at acquiring more assets if valuations are good, said Tushar Kawedia, CFO, IRB InvIT.
-
IRB Infrastructure Developers has announced that they received the appointed date for their Udaipur project and have started collecting toll. In an interview to CNBC-TV18, Sudhir Hoshing, Joint Managing Director of IRB Infrastructure Developers explains what does this mean for company.
-
IRB Infrastructure-sponsored IRB Infrastructure Investment Trust (InvIT) Fund reported a revenue of Rs 151 crore for the April-June quarter. Also declared its first distribution of 1.55 per unit. In an interview to CNBC-TV18, Rajinder Pal Singh, Chairman of IRB InvIT Fund spoke about the same.
-
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.
-
In an interview to CNBC-TV18, Anil Yadav, Group CFO of IRB Infrastructure Developers spoke about the results and his outlook for the company.
-
In an interview with CNBC-TV18, VD Mhaiskar, CMD of IRB Infrastructure Developers spoke at length about InvIT.
-
Most of the company‘s projects are in the western part of India which is seeing a good traffic movement. The traffic volume is likely to grow by 5-6 percent in the next 3-6 months.
-
IRB Infra is set to boost with an order win for 90 kms of 6-laning part of NH-79A and NH-79. This is the third order in couple of months and 30 km target has been completed, said VD Mhaiskar, company's CMD.
-
Speaking to CNBC-TV18, VD Mhaiskar, CMD of IRB Infra says that current orders will be executed in next 2.5-3 years and hence, there are no worries over the growth.
-
Sudhir Hoshing, Joint Managing Director, IRB Infrastructure expects traffic volumes and revenues to increase and hopes to garner around Rs 1.15 crore per day, going forward for the Ahmedabad-Vadodara project.
-
The infrastructure and cement industry is finally seeing promises made by the Narendra Modi fulfilled as executives say demand has increased on back of government initiatives.
-
Speaking to CNBC-TV18, VD Mhaiskar, CMD of IRB said that the government has cancelled orders in the fashion in the past as well without stating any reason.
-
VD Mhaiskar, CMD of IRB Infrastructure Developers says that while fairly good number of projects are being bid-out the deals are largely on engineering procurement construction (EPC) or hybrid models, there is not much movement on build-operate-transfer (BOT) deals as the balance sheets of many developers remains stressed.
-
Speaking to CNBC-TV18, Virendra Mhaiskar, Chairman & MD of the company said strong volume growth aided toll income improvement in the last quarter. The volume growth was close to 8-9 percent in Q3.
-
The scope of the project includes constructing approaches on NH-1 (Srinagar Sonmarg- Gumr-i Road) on design, build, finance, operate and transfer (annuity) basis.
-
The expected revenue from the project is Rs 1.25 – 1.35 crore per day, Mhaiskar said adding that collection will continue to grow year-after-year.
-
Anil Yadav, Group CFO, IRB Infra says the company‘s order book stands at Rs 9,650 crore, which will be executed in the next 3-4 years.
-
Virendra Mhaiskar, the company‘s Chairman and Managing Director (MD) said the government‘s target of building 30 km of highways a day is achievable.
-
Lower steel and diesel prices have helped margins in the Engineering Procurement and Construction (EPC) business, VD Mhaiskar, CMD, IRB Infra tells CNBC-TV18.
-
The company is expecting the Ahmedabad-Vadodara project to get completed after two quarters
-
VD Mhaiskar, CMD, IRB Infra says the company‘s current order book stands at Rs 11,000 crore and the Aurangabad toll project is its second largest after Ahmedabad-Baroda project.
-
For IRB Infra, the Bombay-Pune project revenue alone stood at Rs 147 crore versus Rs 110 crore (YoY), while the Bharuch-Surat project toll revenue stood at Rs 48.7 crore in the quarter under revenue against Rs 42 crore (YoY).
-
VD Mhaiskar, CMD, IRB Infrastracture says the company did not incur much of a loss due to vandalism as the state managed to step in at the right time.
-
In the current quarter (Q3), IRB had bagged Solapur-Yedeshi Project worth Rs 1300 crore. The developer has also stated that Surat-Dahisar Project in which they hold a 10 percent stake is eligible for interest rate refinancing.
