IRB Infra reports Q4 income at Rs 1,650 cr

IRB Infrastructure Developers Ltd. (IRB) announced the Q4FY21 financial results at its Board meeting in Mumbai on May 27.

The company’s total income in Q4 of FY21 was Rs 1,650 crore and during the full financial year it was Rs 5,488 crore as against Rs 7,047 crore in FY20, The EBITDA for Q4 was Rs 805 crore and for FY21 it was Rs 2,702 crore. The Profit After Tax was Rs Rs 127 crore and Rs Rs 283 crore for the fourth quarter and financial year respectively.

Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd, said, “FY21 performance was marred by national lockdown in first quarter; however, restart of economic activities in the subsequent quarters brought strong recovery to surpass pre-COVID levels. We now look forward to a better and stronger FY22.”