Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere

Infra stock jumps 6% after its net profit increases by 6030.8% QoQ

News by Aliceblue News Desk

01 Feb 2025

Infra stock jumps 6% after its net profit increases by 6030.8% QoQ

Introduction:

Leading infrastructure firm reported a massive 6030.8% rise in net profit for Q3 FY25, reaching ₹6026.1 crore, driven by exceptional items. Revenue grew 2.9% YoY to ₹2,025.4 crore, while EBITDA improved by 13.2%, reflecting strong operational performance.

Alice Blue Image

Also Read: Stocks To Watch For Budget 2025

Share price movement of IRB Infra:

On February 1, 2025, IRB Infrastructure Developers Ltd. opened at ₹59.39, up 3.7% from its previous close of ₹57.33. The stock reached a high of ₹60.90 (6.2%) and a low of ₹58.64. By 10:18 AM, it traded at ₹58.99, a 2.90% increase, with a market cap of ₹35,624.06 crore.

IRB Infrastructure Posts Strong Q3 Growth:

IRB Infrastructure Developers Ltd reported a net profit of ₹6026.1 crore , including exceptional items, for Q3 FY25, which represents an increase of approximately 6030.8% from ₹99.8 crore in Q2 FY25 and an increase of 2215.2% from ₹187.4 crore in Q3 FY24.

Revenue increased 2.9% YoY to ₹2,025.4 crore from ₹1,968.5 crore in Q3 FY24. Operating performance improved, with EBITDA rising 13.2% YoY to ₹984.1 crore, while EBITDA margin expanded to 48.6% from 44.2% in the previous year’s quarter.

The board also declared a third interim dividend of ₹1 per share, totaling ₹60.3 crore for Q3 FY25. With a total dividend of ₹181.1 crore for the first nine months, the company continues to reward shareholders.

Recent news on IRB Infra:

As of January 10, 2025, IRB Infrastructure Developers Ltd and IRB Infrastructure Trust recorded a 19% YoY increase in toll collection, reaching ₹5.8 billion in December 2024. The company manages an asset base of ₹800 billion across 12 states.

Stock performance of IRB Infra for Period of 1 week, 6 months and 1 year:

IRB Infrastructure Developers Ltd has shown a strong 10.4% return over the past week, reflecting recent positive momentum. However, over the past six months and one year, its performance has been weaker, with returns of -5.54% and -14.1%, respectively.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of IRB Infra:

All values in %Dec 2024Sep 2024Jun 2024
Promoter30.40%30.40%30.40%
FII45.10%46.00%44.50%
DII8.60%8.10%7.70%
Public15.90%15.50%17.50%
Alice Blue Image

About IRB Infra:

IRB Infrastructure Developers Ltd (NSE: IRB) is a leading infrastructure development company in India, specializing in roads and highways. It also operates in road maintenance, construction, airport development, and real estate, showcasing its diverse presence in the sector.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

author

News Author

Aliceblue News Desk

Take Your First Step Into The Market With₹0 Opening Charges

Open Free Demat Account
Alice Blue app on two phones