IRB InvIT Fund Announces Audited Consolidated Earnings Results for the Six Months and Full Year Ended March 31, 2021 and Parent Earnings Results for the Full Year Ended March 31, 2021
May 15, 2021 at 04:57 am EDT
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IRB InvIT Fund announced audited consolidated earnings results for the six months and full year ended March 31, 2021 and parent earnings results for the full year ended March 31, 2021. For the six months, on consolidated basis, the company reported revenue from operations of INR 6,533.044 million compared to INR 6,316.497 million a year ago. Profit for the period after income tax was INR 1,078.883 million compared to INR 994.606 million a year ago.
For the full year, on consolidated basis, the company reported revenue from operations of INR 11,428.326 million compared to INR 12,405.725 million a year ago. Profit for the period after income tax was INR 1,808.416 million compared to INR 1,726.994 million a year ago. Basic and diluted earnings per unit was INR 3.12 compared to INR 2.98 a year ago.
For the full year, on parent basis, the company reported revenue from operations of INR 5,756.276 million compared to INR 5,942.629 million a year ago. Profit for the period was INR 4,545.385 million compared to INR 4,610.510 million a year ago. Basic and diluted earnings per unit was INR 7.83 compared to INR 7.94 a year ago.
IRB InvIT Fund is an India-based infrastructure investment trust. The Trust owns, operates and maintains a portfolio of toll road concessions. The Company manages six operational road assets in the states of Maharashtra, Rajasthan, Karnataka, Tamil Nadu, Gujarat and Punjab. The Companyâs projects include Tumkur to Chitradurga NH 4 Project, Jaipur - Deoli NH 12 Project, Omalur - Salem - Namakkal NH 7 Project, Talegaon - Amravati NH 6 Project, Pathankot - Amritsar NH 15 Project, and Vadodara Kim Expressway. The Company's subsidiaries include IDAA Infrastructure Limited, IRB Talegaon Amravati Tollway Limited, IRB Jaipur Deoli Tollway Limited, IRB Surat Dahisar Tollway Limited, IRB Tumkur Chitradurga Tollway Limited, M.V.R Infrastructure and Tollways Limited, and IRB Pathankot Amritsar Toll Road Limited.
IRB InvIT Fund Announces Audited Consolidated Earnings Results for the Six Months and Full Year Ended March 31, 2021 and Parent Earnings Results for the Full Year Ended March 31, 2021