IRB Infrastructure Developers, a highway construction company, today reported a rise of 14% in consolidated net profit to Rs 1.22 billion for the quarter ended Sept. 30, 2014 as compared to Rs 1.07 billion in the same period last year.

Total consolidated income for the quarter decreased by 6% to Rs 9.12 billion as compared to Rs 9.67 billion in the year ago period.

The company reported EBITDA at Rs 5.22 billion during the quarter.

The company's order book stands at Rs 116 billion out of which Rs 96.5 billion worth of order book is to be executed in the next three to four years. 

Shares of the company declined Rs 3.9, or 1.51%, to settle at Rs 254.70. The total volume of shares traded was 555,427 at the BSE (Wednesday).