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Leading international highway infrastructure firm IRB Infrastructure Developers Ltd. recorded a net profit of ₹140 crore for Q1 FY25, an increase from ₹134 crore in Q1 FY24. Additionally, the firm reported a 13% growth in consolidated income year over year, coming in at ₹1,972 crore as opposed to ₹1,745 crore during the same time previous year.
Chairman and Managing Director Virendra D. Mhaiskar announced the findings during a board meeting in Mumbai, emphasizing the robust start to FY25, which has been fueled by ongoing toll collection growth and new assets. Citing strong GDP projections, government emphasis on PPP projects, and impending prospects in the industry, he voiced confidence about future growth.
Group Media Publication
Construction, Infrastructure and Mining
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