IRB Infrastructure Developers Q4 Results Live : profit rise by 45.12% YOY

IRB Infrastructure Developers Q4 Results Live : Revenue increased by 27.24% YoY & profit increased by 45.12% YoY

First Published9 May 2024, 02:50 AM IST

IRB Infrastructure Developers Q4 Results Live : IRB Infrastructure Developers declared their Q4 results on 07 May, 2024. The topline increased by 27.24% & the profit increased by 45.12% YoY.

Compared to the previous quarter, the revenue grew by 4.71% and the profit increased by 0.78%.

The Selling, general & administrative expenses declined by 9.98% q-o-q & increased by 17.56% Y-o-Y.

The operating income was down by 0.41% q-o-q & increased by 14.73% Y-o-Y.

The EPS is ₹0.31 for Q4 which increased by 43.95% Y-o-Y.

IRB Infrastructure Developers has delivered -4.21% return in the last 1 week, 88.71% return in the last 6 months and 58.97% YTD return.

Currently, IRB Infrastructure Developers has a market cap of ₹39887.59 Cr and 52wk high/low of ₹73.1 & ₹24.95 respectively.

As of 09 May, 2024, out of 6 analysts covering the company, 2 analysts have given Hold rating, 2 analysts have given Buy rating & 2 analysts have given Strong Buy rating.

The consensus recommendation as of 09 May, 2024, was to Buy.

The company has also declared an interim dividend of ₹0.1. The record date for the dividend is 15 May, 2024 & the ex-dividend date will be 15 May, 2024.

IRB Infrastructure Developers Financials

Period	Q4	Q3	Q-o-Q Growth	Q4	Y-o-Y Growth
Total Revenue	2061.24	1968.54	+4.71%	1619.98	+27.24%
Selling/ General/ Admin Expenses Total	95.85	106.47	-9.98%	81.53	+17.56%
Depreciation/ Amortization	274.23	251.31	+9.12%	222.13	+23.46%
Total Operating Expense	1445.61	1350.38	+7.05%	1083.38	+33.44%
Operating Income	615.63	618.16	-0.41%	536.6	+14.73%
Net Income Before Taxes	309.02	243.48	+26.92%	205.5	+50.38%
Net Income	188.88	187.42	+0.78%	130.15	+45.12%
Diluted Normalized EPS	0.31	0.31	-0%	0.22	+43.95%