However, revenue from operations declined 9.12% to Rs 1,585.8 crore in the second quarter of FY25 as against Rs 1,745 crore reported in Q2 FY24. Profit before tax gained 3.99% year on year to Rs 267.11 crore in the quarter ended 30 September 2024. EBITDA in Q2 FY25 was at Rs 933 crore, registering a marginal growth of 0.97% from Rs 924 crore posted in Q2 FY24. The company's toll collection for Q2 FY25 rises 25% (including projects under Private InvIT). On half year basis, the company's net profit jumped 4.50% to Rs 239.85 crore on 1.76% rise in revenue from operations to Rs 3,438.8 crore in H1 FY25 over H1 FY24. Meanwhile, the company has declared second third interim dividend of Re 0.10 per equity share for financial year 2024-25. The record date for the purpose of payment of dividend is Friday, 8 November 2024. Virendra D. Mhaiskar, chairman & MD, IRB Infrastructure Developers, said, 'The Q2FY25 looks fine, specifically on the toll collection front, which has shown consistent robust year on year growth, despite impact of heavy monsoon resulting into the traffic disruptions in some of the Assets. We expect improved performance in the remaining quarters in view of the exit of monsoon season, coupled with set-in festive season and the pace consolidation in the development of under construction projects post monsoon season.' IRB Infrastructure Developers (IRB) is one of the leading infrastructure development companies in India in road and highway sector, with presence in Build-Operate-Transfer (BOT) and HAM space. The company undertakes development of various infrastructure projects in the road sector through several Special Purpose Vehicles. IRB's work spans from building of roads, highways, bridges, and tunnels, recently the company diversified its business into real estate development sector also. Shares of IRB Infrastructure Developers slipped 2.65% to currently trade at Rs 52.59 crore on the BSE.Powered by Capital Market - Live

Net profit of IRB Infrastructure Developers rose 4.30% to Rs 99.87 crore in the quarter ended September 2024 as against Rs 95.75 crore during the previous quarter ended September 2023. Sales declined 9.12% to Rs 1585.84 crore in the quarter ended September 2024 as against Rs 1745.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1585.841745.00 -9 OPM %43.0741.22 - PBDT414.59414.26 0 PBT183.39181.57 1 NP99.8795.75 4 Powered by Capital Market - Live

IRB Infrastructure Developers announced that the Board of Directors of the Company at its meeting held on 30 October 2024, inter alia, have recommended the second interim dividend of Rs 0.1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

IRB Infrastructure Developers will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live

IRB Infrastructure Developers announced that Moody's Investor Service (Moody's) has affirmed the long-term corporate family rating (CFR) of the company and the instrument rating assigned to its USD senior secured notes due 2032 after taking into account additional debt as approved in the Board meeting dated 09 October 2024. The outlook is Stable. Long term corporate family rating - Ba1 (affirmed) Instrument rating - Ba2 (affirmed) Powered by Capital Market - Live

IRB Infrastructure Developers has approved the issuance of additional USD-denominated notes for an aggregate amount of up to USD 200 million, with final maturity in 2032 (Notes).Powered by Capital Market - Live

The Board of IRB Infrastructure Developers at its meeting held on 09 October 2024 has approved raising USD 200 million by way of issuance of debt securities. Powered by Capital Market - Live

The joint ventures entities under IRB Infrastructure Trust reported gross toll collection of Rs 306.6 crore (up 32.1% YoY) for the period under review. Amitabh Murarka, deputy chief executive officer of IRB Infrastructure Developers said, 'Our toll revenue has demonstrated remarkable resilience, achieving a 19% Y-o-Y growth despite severe rains in some of the regions. As we look ahead to the festive season, we are optimistic about sustaining the growth, driven by increased travel and economic activities.' IRB Infrastructure Developers (IRB) is one of the leading infrastructure development companies in India in road and highway sector, with presence in Build-Operate-Transfer (BOT) and HAM space. The company undertakes development of various infrastructure projects in the road sector through several Special Purpose Vehicles. IRB's work spans from building of roads, highways, bridges, and tunnels, recently the company diversified its business into real estate development sector also. The company reported 4.6% increase in consolidated net profit to Rs 139.98 crore on 13.4% jump in revenue from operations to Rs 1,852.94 crore in Q1 FY25 over Q1 FY24. The scrip jumped 5.12% to end at Rs 58.89 on Tuesday, 8 October 2024. Powered by Capital Market - Live

IRB Infrastructure Developers will hold a meeting of the Board of Directors of the Company on 9 October 2024Powered by Capital Market - Live

IRB Infrastructure Developers announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2024.Powered by Capital Market - Live