Net profit of IRB Infrastructure Developers declined 13.25% to Rs 208.02 crore in the quarter ended March 2019 as against Rs 239.78 crore during the previous quarter ended March 2018. Sales rose 40.95% to Rs 1948.30 crore in the quarter ended March 2019 as against Rs 1382.24 crore during the previous quarter ended March 2018.

For the full year,net profit declined 7.58% to Rs 849.97 crore in the year ended March 2019 as against Rs 919.66 crore during the previous year ended March 2018. Sales rose 17.79% to Rs 6707.02 crore in the year ended March 2019 as against Rs 5694.10 crore during the previous year ended March 2018.

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IRB Infrastructure Developers will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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IRB Infrastructure Developers announced that Yedeshi Aurangabad BOT Project implemented by wholly-owned SPV of the Company viz. Yedeshi Aurangabad Tollway ('SPV'), has been issued a Provisional Certificate by the Competent Authority. Consequently, the SPV has started partial toll collection on this project from today.

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IRB Infrastructure Developers announced that Aryan Toll Road, Wholly Owned Subsidiary of the Company, has successfully completed concession period of Pune Solapur Project on 10 March 2019.

The Concession Agreement for the Project was signed in March, 2003. The Concession Period of the Project was 16 years. Now, upon successful completion of concession, this SPV has handed over the Project to the Ministry of Road Transport & Highways (MORTH).

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