Toll revenue rose by nearly 10% on an annual basis on the back of moderate traffic growth and higher wholesale price index in comparison to the last year
IRB Infrastructure’s consolidated net profit grew by 8.6% year-on-year to Rs142.7 crore in the third quarter of FY13 despite increase in finance and depreciation cost.
Consolidated net sales rose by 22.5% to Rs913.8 crore from Rs745.8 crore during the same period of the previous fiscal.
Construction revenue surged 29% and operating EBITDA remained strong at around 26% during the quarter.
Toll revenue rose by nearly 10% on an annual basis on the back of moderate traffic growth and higher wholesale price index in comparison to the last year.
Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 19.3% Y-o-Y to Rs 407.9 crore in the October-December quarter.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
