Sunday, February 8, 2015

IRB Infrastructure -Q3FY15 Results

Mumbai, February 5, 2015: IRB Infrastructure Developers Limited (‘IRB”), one of the largest Road BOT developers in India, has declared its unaudited financial results for the quarter ended December 31, 2014.

Key Highlight of the results:
On basis of Q3FY15 vis-à-vis Q3FY14:

IRB has declared a profit of Rs. 133 crores on total income of Rs. 993 crores for Q3FY15. Income from operations has increase by 10 % to Rs.964 crores for Q3FY15 as against Rs.877 crores for Q3FY14.     
                                                                                                                                   (Rs. Crores)

Quarter ended     Dec. 31, 2014
Quarter ended     Dec. 31, 2013
Growth
Total Income
Rs.993 crores
Rs.906 crores
10%
EBITDA
Rs. 585 crores
Rs. 464 crores
26%
Profit before tax
Rs. 169 crores
Rs. 147 crores
15%
Profit after tax
Rs. 133 crores
Rs. 109 crores
22%


On basis of Q3FY15 vis-à-vis Q2FY14:

IRB has declared a profit of Rs. 133 crores on total income of Rs. 993 crores for Q3FY15. Income from operations has increase by 9 % to Rs.964 crores for Q3FY15 as against Rs.883 crores for Q2FY14.                                                      
                                                                                                                                  (Rs. Crores)

Quarter ended     Dec. 31, 2014
Quarter ended     Sept. 30, 2014
Growth
Total Income
Rs.993 crores
Rs.912 crores
9%
EBITDA
Rs. 585 crores
Rs. 552 crores
6%
Profit before tax
Rs. 169 crores
Rs. 145 crores
17%
Profit after tax
Rs. 133 crores
Rs. 122 crores
9%


On basis of 9M FY15 vis-à-vis  9M FY14:

IRB has declared a profit of Rs. 405 crores on total income of Rs. 2,942 crores for 9M FY15. Income from operations has marginally increased to Rs. 2,857 crores for 9MFY15 from Rs. 2,849 crores for 9MFY14. 
                                                                                                                                      (Rs. Crores)

Nine Month ended     Dec. 31, 2014
Nine Month ended     Dec. 31, 2013
Growth
Total Income
Rs.2,942  crores
Rs.2,935 crores
-
EBITDA
Rs.1,726  crores
Rs.1,398  crores
23%
Profit before tax
Rs. 510 crores
Rs. 494 crores
3%
Profit after tax
Rs. 405 crores
Rs.350 crores
16%


IRB’s Order book now stands at approximately Rs. 11,000 crores out of which Rs. 9,100 crores worth of order book is to be executed in the next three to four years.  This construction order book gives IRB good visibility for the next three years. 

About IRB:
IRB is an integrated infrastructure development and construction company in India with significant experience in the toll roads and highways sector. IRB is one of the largest private developers in India with 21 Road BOT Projects out of which 17 Projects are under operation. IRB has been listed on the NSE and BSE since February 25, 2008. For further details, log onto www.irb.co.in .

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