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Press background on IRB Infrastructure Developers Limited
Company profile
IRB is an integrated infrastructure development and construction company in India with significant experience in the toll roads and highways sector. IRB is one of the largest private developers in India with 21 Road BOT Projects out of which 17 Projects are under operation. IRB has been listed on the NSE and BSE since February 25, 2008.
 Recent press releases
LIC Raises Stake to 5.27% in IRB Infrastructure Developers Ltd.

BSE and NSE listed IRB Infrastructure Developers Ltd. (IRB) is India’s leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs. As per data available on BSE, Life Insurance Corporation of India has raised stake in IRB from 3.81% in quarter ende... (more)
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IRB Infra Bags Rs. 2,193 Crore Project in West Bengal; March 2020 Order Book Stands Updated at Rs. 14,600 Crores

BSE and NSE listed IRB Infrastructure Developers Ltd. (IRB), India’s leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs., has bagged Rs. 2,193 crore highway project in West Bengal under the Bhartmala Pariyojna. The company said the pr... (more)
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CLSA Gives a Buy Call on IRB Infrastructure Developers with a Target of Rs. 166

CLSA is bullish on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) listed IRB Infrastructure Developers Ltd. (IRB), India’s leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs., has recommended Buy rating on the stock wit... (more)
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HDFC Securities Gives a Buy Call on IRB Infrastructure Developers with a Target of Rs. 142

HDFC Securities is bullish on BSE and NSE listed IRB Infrastructure Developers Ltd. (IRB), India’s leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs., has recommended Buy rating on the stock with a target price of Rs. 142 in its recently ... (more)
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IRB Infra’s SPV, IRB Westcoast Tollway Ltd. Achieves COD for its Goa/Karnataka Border - Kundapur Four Laning Highway Project

Starts tolling in line with the provisional completion certificate received from NHAI 
Project has concession life of 28 years
All projects in Company’s BOT portfolio are now Revenue Generating
 
IRB Westcoast Tollway Ltd., the Special P... (more)
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IRB Infra’s FY19 Consolidated Income up 18% to Rs. 6,903 Crs; Q4 Consolidated Income up 40% to Rs.1,999 Crs

 
  
 FY19 EBITDA up 10% at Rs. 3,133 Crs; PAT up 7% at Rs. 850 Crs
 
IRB Infrastructure Developers Ltd. (IRB), India’s leading and one of the largest highway infrastructure developers, have posted Consolidated Incom... (more)
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IRB Infra’s SPV Commissions Yedeshi – Aurangabad Highway

IRB Infra’s SPV, Yedeshi Aurangabad Tollway Pvt. Ltd. (YATPL), has partially commissioned its four laning highway project Yedeshi to Aurangabad, in the State of Maharashtra, on March 17, 2019; thus, throwing open all four lanes for vehicular traffic.
 
Highway ... (more)
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Q3 FY19 Results: IRB Infrastructure Posts Net Profit Rs. 219 Crs.; Total Income Rs. 1,835 Crs.

Net Profit up 6%; Total Income up 37% against Q3 FY18
 
IRB Infrastructure Developers Ltd. (IRB Infra) has posted Net Profit of Rs. 219 Crs. for the 3rd Quarter ended 31st December 2018; thus registering growth of 6% as against the corresponding quarter of FY18.&nb... (more)
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IRB Infra’s SPV HAM Project Commences Soon; NHAI Allots Appointed Date

The Project is 23.740 Kms long and parts upcoming Vadodara - Mumbai Expressway 
Company recently achieved Financial Closure on this project
 
VK-1 Expressway Private Ltd., a wholly-owned subsidiary and a Special Purpose Vehicle (SPV) of IRB Infrastr... (more)
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IRB Infra Posts Net Profit of Rs. 173 Crs. for Q2, Up 32%; H1 Net Profit at Rs. 423 Crs. Up 22%

CRISIL initiates rating for the Company “A+ with Positive Outlook”
Achieved financial closures for all three HAM projects  
 
IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest highways infrastructu... (more)
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