IRB Infrastructure Developers disclosed a steady growth in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 11.77% to Rs 1,503.95 million from Rs 1,345.63 million in the same quarter last year.
Net sales for the quarter declined marginally 2.19% to Rs 10,100.33 million, compared with Rs 10,326.56 million for the prior year period.
Earnings per share for the quarter stood at Rs 4.53, registering 11.85% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 10,100.33 | 10,326.56 | (2.19) |
| Net Profit | 1,503.95 | 1,345.63 | 11.77 |
| Basic EPS | 4.53 | 4.05 | 11.85 |
Shares of the company gained Rs 3.1, or 1.31%, to settle at Rs 238.85. The total volume of shares traded was 1,544,454 at the BSE (Wednesday).
