IRB Infrastructure Developers' Q1 FY 2025-26 Quarterly Results

Result Summary

• IRB Infrastructure Developers Ltd reported a 13.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.8%.
• Its expenses for the quarter were down by 8.8% QoQ and up 11.2% YoY.
• The net profit increased 7.2% QoQ and increased 44.6% YoY.
• The earnings per share (EPS) of IRB Infrastructure Developers Ltd stood at 0.34 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

IRB Infrastructure Developers Ltd is a prominent player in the infrastructure development sector, primarily focusing on road and highway construction and management. The company is noted for its involvement in large-scale infrastructure projects across India, including national and state highways. IRB Infrastructure's business model typically involves the construction, operation, and maintenance of road infrastructure under concessions granted by government entities. The company may also engage in real estate development as part of its diversified business activities. As of my last update, IRB Infrastructure Developers Ltd has been actively participating in public-private partnership (PPP) projects and is known for its Build-Operate-Transfer (BOT) model, which allows for long-term revenue generation through toll collection.

Revenue

During Q1FY26, IRB Infrastructure Developers Ltd reported a total income of ₹2164.58 crores. This represents a 13.6% decrease from the previous quarter, Q4FY25, where the total income was ₹2504.49 crores. However, compared to the same period last year, Q1FY25, the company experienced a 9.8% increase in total income, up from ₹1971.68 crores. These figures indicate a notable year-over-year growth in revenue, despite a quarter-over-quarter decline. The company’s revenue streams are likely diversified across its core activities, including toll collection and construction projects, although specific segmental breakdowns are not provided in the available data.

Profitability

IRB Infrastructure Developers Ltd's profitability metrics for Q1FY26 indicate varied performance trends. The company reported a Profit Before Tax (PBT) of ₹286.38 crores, reflecting a 35.5% decrease compared to the previous quarter's ₹444.34 crores. On a year-over-year basis, there was a slight increase of 1.5% from Q1FY25's PBT of ₹282.04 crores. The tax expense for Q1FY26 was ₹83.90 crores, which decreased by 30.2% from Q4FY25 and by 5.4% from Q1FY25. The Profit After Tax (PAT) for the quarter stood at ₹202.48 crores, marking a 7.2% increase from the previous quarter and a substantial 44.6% rise from the same quarter last year. This growth in PAT is accompanied by an increase in Earnings Per Share (EPS) to ₹0.34, up from ₹0.31 in the previous quarter and ₹0.23 in Q1FY25, showing a year-over-year growth of 47.8%.

Operating Metrics

The total expenses for IRB Infrastructure Developers Ltd in Q1FY26 were ₹1878.19 crores, which is a decrease of 8.8% from Q4FY25's ₹2060.16 crores. Compared to Q1FY25, the expenses increased by 11.2% from ₹1689.65 crores. These operating metrics suggest a decline in quarterly expenses, despite an increase in expenses on a year-over-year basis. The significant changes in both revenue and expenses contribute to the overall financial performance of the company, impacting the operating efficiency and profitability margins. The provided data does not include specific operational efficiency ratios or other detailed operating metrics; hence, a detailed analysis of operational performance is constrained to the available expense and income figures.