Mumbai, May 19, 2016: IRB Infrastructure Developers Limited (‘IRB”), one of the largest Road BOT developers in India, has declared its audited financial results for the year ended March 31, 2016.
Key Highlight of the results:
On basis of year ended FY16 vis-à-vis year ended FY15:
IRB has declared a profit of Rs. 636 crores on total income of Rs. 5,254 crores for the year ended FY16. Income from operations has increased by 33% to Rs. 5,130 crores for the year ended FY16 from Rs. 3,849 crores for the year ended FY15.
On basis of Q4FY16 vis-à-vis Q4FY15:
IRB has declared a profit of Rs. 152 crores on total income of Rs. 1,571 crores for Q4FY16. Income from operations has increased by 55% to Rs.1,537 crores for Q4FY16 as against Rs.991 crores for Q4FY15.
IRB’s construction Order book now stands at approximately Rs.8,000 crores, this gives construction revenue visibility to IRB for the coming two and half years.
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 20 Road BOT Projects out of which 13 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.