IRB: FY13 Total Income jumps by 17 %..!

IRB Infrastructure Developers Limited (IRB, one of the largest Road BOT developers in India, has declared its Audited financial results for FY13.

Key Highlight of the results..!:

On basis of FY13 vis - à - vis FY12:

IRB has declared a profit of Rs. 557 crores on total income of Rs. 3,817 crores for the FY13. Income from operations was up by 18% to Rs. 3,687 crores for FY13 from Rs. 3,133 crores for FY12.

	Year ended March 31, 2013	Year ended March 31, 2012	Growth
Total Income	Rs.3,817  crores	Rs. 3,258   crores	17%
Profit after tax	Rs. 557 crores	Rs. 496   crores	12%

During the year, IRB completed substantial work on Talegaon Amravati Project, Jaipur Deoli Project, Tumkur Chitradurga Project & Pathankot Amritsar project. Besides, it also started construction work on Ahmedabad Vadodara Project in Q4FY13. This has led to 21% increase in construction revenue for FY13 in comparison to FY12. Construction segment Operating EBITDA remains strong at around 26% during the year.

Toll revenue has increased by around 10% in comparison to FY12 on the basis of moderate traffic growth and higher Wholesale Price Index in comparison to the last year.

IRB has now declared 4th interim dividend of Re. 1 per share for FY13. With this, the total dividend for FY13, including paid earlier during the year, aggregates to Rs. 4/- per share on equity share of Rs. 10/- each.

On basis of Q4FY13 vis-à-vis Q4FY12:

IRB has declared a profit of Rs.  151 crores on total income of Rs. 980 crores for Q4FY13. Income from operations was up by 12% to Rs. 948 crores for Q4 FY 13 from Rs. 851 crores for Q4FY12. 

Details	Qtr. Ended March 31, 2013	Qtr. ended March 31 , 2012	Growth
Total Income	Rs.980  crores	Rs. 883 crores	11 %
Profit after tax	Rs.151 crores	Rs.120  crores	25 %

IRB’s Order book now stands at approximately Rs. 8,400 crores out of which Rs. 6,400 crores worth of order book is to be executed in the next three years.  This order book gives IRB good visibility for the next three years. 

About IRB:

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 18 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.

 IRB Complex,

Chandivli Farm, Chandivli Village, Andheri (E),

Mumbai- 400 072

Tel: 91-22- 6640 4220 Fax: 91-22- 6675 1024

e-mail: info@irb.co.in (General Inquiries)

          grievances@irb.co.in (Investor Grievances)

For any further information, please contact:

U.Christopher Charles, Mob: 98424 75706,

R.Vellaichamy, Mob: 98845 52209, Concept PR.

Share: