IRB Infra reports strong Q4 earnings, stock rises 6%
after close1 source ↓written by the desknot a recommendation
- YoY
- 38%
- drop in revenue
- 10.3%
- in revenue
- ₹1,927 cr
- EBITDA rose
- 8.6%
- ₹1,083 cr
Shares of IRB Infrastructure gained over 6% following the release of its Q4 results. The company reported a net profit of ₹296.2 cr, up 38% YoY, despite a 10.3% drop in revenue to ₹1,927 cr. EBITDA rose 8.6% to ₹1,083 cr, indicating strong operational performance.
Not investment advice. For informational purposes only.