IRB InvIT Fund Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 24, 2018 at 05:02 am EST
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IRB InvIT Fund announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on consolidated basis the company reported total income and gains of INR 3,043.725 million. Profit for the period before income tax was INR 641.542 million. Profit for the period after income tax was INR 640.634 million. EBITDA was INR 24.5 million.
For the quarter, on standalone basis the company reported total income and gains of INR 1,650.435 million. Profit for the period before income tax was INR 1,290.888 million. Profit for the period after income tax was INR 1,290.888 million.
For the nine months, on consolidated basis the company reported total income and gains of INR 7,056.837 million. Profit for the period before income tax was INR 1,633.417 million. Profit for the period after income tax was INR 1,634.309 million.
For the nine months, on standalone basis the company reported total income and gains of INR 3,559.666 million. Profit for the period before income tax was INR 3,149,942 million. Profit for the period after income tax was INR 3,149.784 million.
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 
