Profit

IRB Infrastructure Q1 Net Up 11.77 Per Cent at Rs 150 Crore

 Share
EMAIL
PRINT
COMMENTS

New Delhi: IRB Infrastructure Developers Ltd on Wednesday reported a 11.77 per cent rise in consolidated net profit at Rs 150.39 crore for the quarter ended June 30, 2014 on the back of lower costs.

The company had registered a net profit of Rs 134.56 crore for the corresponding period a year ago, it said in a filing to the BSE.

However, the company's income from operations in the April-June quarter declined to Rs 1,010 crore, over Rs 1,032 crore in the same quarter of FY'14, it said.

Total expenses came down to Rs 623.79 crore, over Rs 699.37 crore in the first quarter of the previous fiscal year, it said.

Tax expenses dropped 27.01 per cent to Rs 45.58 crore, over Rs 62.45 crore in the corresponding quarter of FY'14.



Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top