IRB Infrastructure Developers Ltd : Q4FY17 Results

IRB Infrastructure Developers Ltd reported its results for the quarter ended March 31, 2017, today. 

The company's total sales for Q4FY17 came in at Rs 1627.12 crore, which represents a 15.32 per cent sequential increase and 5.89 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 831.79 crore and its EBIT margin stood at 51.12 per cent.

The company reported PAT of Rs 207.23 crore, which represents a sequential QoQ increase of 12.49 per cent and a YoY increase of 32.15 per cent.

IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India with experience in roads and highways sector. The company undertakes development of various infrastructure projects in the road sector through several special purpose vehicles (SPVs). It has also diversified its business into real estate sector.