IRB Infrastructure sees volatile moves after Q2 results; net profit rises 41% from last year

IRB Infrastructure Developers Ltd. reported a strong performance for the September quarter, with net profit rising 41% year-on-year to ₹140.8 crore from ₹99.8 crore in the same quarter last year.

Consolidated revenue grew 10.4% to ₹1,751 crore, compared to ₹1,585.8 crore a year ago, led by an 11% increase in toll revenue.

EBITDA rose 8% to ₹924.7 crore from ₹766.5 crore, while margins improved to 52.8% from 48.3% in the year-ago period.

The company said its Ganga Expressway project remains on track.

During the quarter, IRB's Private InvIT declared a distribution of about ₹51.5 crore for the quarter.

The company's total order book stood at ₹32,000 crore, comprising ₹30,500 crore from operations and maintenance (O&M) contracts and ₹1,500 crore from the work-in-progress category.

Following the earnings announcement, shares of Irb Infrastructure Developers Ltd. are trading 0.069% lower at ₹43.21. The stock has fallen 28% so far in 2025.