IRB Infrastructure Developers reports 79% rise in Q4 consolidated net profit
18th May 2022

IRB Infrastructure Developers has reported results for fourth quarter and year ended March 31, 2022.

The company has reported many fold jumps in its net profit at Rs 303.94 crore for the quarter under review as compared to Rs 3.90 crore for the same quarter in the previous year. Total income of the company increased by 34.43% at Rs 917.31 crore for Q4FY22 as compared Rs 682.38 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 79.05% in its net profit at Rs 174.50 crore for the quarter under review as compared to Rs 97.46 crore for the same quarter in the previous year. Total income of the company increased marginally by 1.96% at Rs 1,682.73 crore for Q4FY22 as compared Rs 1,650.41 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 69.64% in its net profit at Rs 319.79 crore as compared to Rs 188.51 crore for the previous year. Total income of the company increased marginally by 0.17% at Rs 3,075.40 crore for year under review as compared to Rs 3,070.06 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported 3-fold jump in its net profit at Rs 361.40 crore as compared to Rs 117.15 crore for the previous year. Total income of the company increased by 15.82% at Rs 6,355.45 crore for year under review as compared to Rs 5,487.53 crore for year ended March 31, 2021.