IRB Infrastructure Developers Limited has posted a steep drop in net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit declines 28% to Rs 102 crores in comparison to Rs 142 crores of Q4 (ending Mar 10) of previous year (FY09-10). IRB Infrastructure Developers Limited is in the business of construction, as well as construction and operation of major road projects. The Company has two segments: Road Infrastructure Projects and Real Estate Development.
The company has informed the share market (BSE/NSE) that the total income/sales rose 53% to Rs 767 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income/sales was Rs 502 crores in last year’s quarter Q4.
Share’s Data :-
BSE Code : 532947
Mkt. Cap : Rs 5,195.41 Crores
IRB Infrastructure Developers Ltd. share’s CMP is Rs 156.30 on 20th May 2011.
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