Q2FY22 Quarterly Result Announced for IRB Infrastructure Developers Ltd.
IRB Infra posts Q2FY22 net profit at Rs. 42 Crs; Revenue at Rs. 1,504 Crs Highlights: Toll collections surpasses pre-COVID-19 levels in most of the assets Bagged Chittoor Thachur six laning highway HAM project in Tamil Nadu Achieves full COD for its Chittorgarh Gulabpura Rajasthan BOT Asset Starts commercial operations from newly developed Sindhudurg Airport While commenting on the occasion, Mr. Virendra D. Mhaiskar, Chairman & Managing Director of the Company said, “Despite the impact of the second wave of the COVID-19 pandemic, the 2nd quarter was encouraging, as we achieved full COD for our Rajasthan BOT project, commenced commercial operations from Sindhudurg Airport, as well as bagged HAM project in Tamil Nadu and above all completed fund raising for the Private InvIT.” He further added, “With onset of Festival Season in India and more relaxations announced by the Govt., traffic movement is expected to significantly improve further resulting in much stronger H2FY22.” Result PDF26-10-2021