Earnings before interest, tax, depreciation and amortization (EBITDA) fell 19.3 percent at Rs 572.4 crore and EBITDA margin was down 400 bps at 51 percent.
Moneycontrol News
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IRB Infrastructure Developers has registered 65.1 percent jump in its Q2 (July-September) net profit at Rs 234.7 crore against net profit of Rs 142.2 crore in the same quarter last year (Q2FY17).
According to CNBC-TV18 poll the profit was expected at Rs 172 crore.
Meanwhile, revenue of the company fell 13 percent at Rs 1,122.7 crore against Rs 1,290.6 crore.
Earnings before interest, tax, depreciation and amortization (EBITDA) fell 19.3 percent at Rs 572.4 crore and EBITDA margin was down 400 bps at 51 percent.
Revenue was expected at Rs 1295 crore, EBITDA at Rs 614 crore and EBITDA margin at 47 percent, according to average of estimates of analysts polled by CNBC-TV18.
IRB Infrastructure Developers ended at Rs 236.05, down Rs 3.40, or 1.42 percent on the BSE.
