News Overview

Net profit surged 47.3% YoY to ₹1,316 crore. Revenue increased 39% YoY to ₹5,756 crore.

IRB Infra declared a third interim dividend of ₹0.10 per equity share, with a record date of February 6, 2025.

Gross Non-Performing Assets (GNPA) improved to 3.11%, down from 3.21% in the previous quarter, showing better loan book quality.

Revenue from operations jumped 40.6% YoY to ₹953.9 crore compared with ₹678.5 crore in Q3 FY24, mainly on account of growth in the real estate segment.

The asset quality had improved due to Gross Non-Performing Assets declining at 1.32% as against 1.37% of the previous quarter

EBITDA margin improved at 9% as against 6.8% in Q3 FY24 due to better control over costs and higher profit margins.

The consolidated net profit of the company increased 1.1% YoY at ₹37.1 crore from ₹36.7 crore that was reported for the same quarter last year.

EBITDA jumped by a very impressive 29.8% YoY at ₹110.3 crore from ₹85 crore at Q3FY24, attributing to smart cost management and higher profitability

This order was led by an HVDC project meant to evacuate renewable energy from Gujarat to Maharashtra.

Bajaj Finance is the only stock that hit a 52-week high and Tata Motors is the only one that hit a 52-week low in both Sensex and Nifty