IRB InvIT Fund Reports Unaudited Consolidated and Standalone Earnings Results for the Quarter and Nine Months Ended December 31, 2018
January 21, 2019 at 05:03 am EST
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IRB InvIT Fund reported unaudited consolidated and standalone earnings results for the quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis reported total income and gains was INR 3,109.991 million compared to INR 3,043.725 million for the same period a year ago. Profit for the period before income tax was INR 524.602 million compared to INR 641.542 million for the same period a year ago. Profit for the period after income tax was INR 521.566 million compared to INR 640.634 million for the same period a year ago.
For the nine months, on consolidated basis reported total income and gains was INR 9,079.370 million compared to INR 7,056.837 million for the same period a year ago. Profit for the period before income tax was INR 1,412.319 million compared to INR 1,633.417 million for the same period a year ago. Profit for the period after income tax was INR 1,401.270 million compared to INR 1,634.309 million for the same period a year ago.
For the quarter, on standalone basis reported total income and gains was INR 1,573.127 million compared to INR 1,650.435 million for the same period a year ago. Profit from ordinary activities before income tax was INR 1,211.518 million compared to INR 1,290.888 million for the same period a year ago. Profit for the period after income tax was INR 1,211.518 million compared to INR 1,290.888 million for the same period a year ago.
For the nine months, on standalone basis reported total income and gains was INR 4,770.645 million compared to INR 3,559.666 million for the same period a year ago. Profit from ordinary activities before income tax was INR 3,701.480 million compared to INR 3,149.942 million for the same period a year ago. Profit for the period after income tax was INR 3,701.480 million compared to INR 3,149.784 million for the same period 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 
