IRB Infrastructure Developers Q2 profit rises 41 pc to Rs 141 cr

New Delhi, Nov 12 (PTI) IRB Infrastructure Developers on Wednesday reported a 41 per cent rise in consolidated net profit at Rs 141 crore for the September quarter.

The company had clocked a net profit of Rs 100 crore in the year-ago period, it said in a regulatory filing.

Total income during the second quarter of the current fiscal year rose to Rs 1,800 crore from Rs 1,752 crore a year ago.

The company said it also declared an interim dividend of 7 per cent in a board meeting on Wednesday to announce the financial results for Q2FY26.

IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said, "The first half of the year, particularly Q2, continued to demonstrate strong momentum in toll revenue growth, despite a severe and extended monsoon period." "We have also successfully completed the sale of three assets, in line with our B.E.S.T. (Bid, Execute, Stabilize, Transfer) strategy of efficient asset churn and sustainable growth without any dilution," he added.

IRB Infrastructure Developers said during the quarter under review, the toll revenue registered a growth of about 11 per cent, i.e Rs 1,667 crore during the quarter under review as against Rs 1,503 crore a year earlier.

IRB Group's project portfolio, including private and public InvIT, has 26 road projects, including 18 BOT, 4 TOT, and 4 HAM projects. PTI BKS TRB