IRB Infrastructure’s shares jumped 4% following its Q3 FY25 financial results, reporting an 18% YoY rise in net profit (excluding exceptional gains) to Rs. 222 crores, compared to Rs. 187 crores in Q3 FY24. The company also declared a third interim dividend of 10%, amounting to Rs. 60.3 crores for the quarter.
Key financial highlights include:
- Total Income: Rs. 2,090 crores, a 1% YoY increase from Rs. 2,077 crores.
- EBITDA: Rs. 1,049 crores, reflecting a 7% rise from Rs. 978 crores.
- Profit Before Tax: Rs. 323 crores, up 10% YoY from Rs. 294 crores.
- PAT (Excluding Exceptional Gains): Rs. 222 crores, an 18% increase.
The company recorded a one-time exceptional gain of Rs. 5,804 crores due to asset monetization, with a key move being the transfer of assets from IRB’s Private InvIT to Public InvIT, worth Rs. 15,000 crores. This transaction is expected to close by FY26.
IRB Infrastructure shares fluctuated between a low of ₹58.51 and a high of ₹60.88 today. The stock opened at ₹59.00. Over the past 52 weeks, it has seen a low of ₹45.06 and a high of ₹78.15, reflecting its price volatility. As of 9:50 AM, the shares were trading 3.63% lower at Rs 59.40.
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