IRB Infra sees debt rising by ₹700-1000 crore by March
IRB Infra sees debt rising by ₹700-1000 crore by March
Mumbai: IRB Infrastructure Developers Ltd sees its net debt rising by another ₹ 700-1000 crore in the next two quarters, while the toll-road builder has been pre-qualified for about ₹ 30,000 crore of projects, a top official told Reuters on Thursday.
The company had a net debt of ₹ 4400 crore as of 30 Sept , he said.
Earlier, IRB Infra reported a 11.06% rise in consolidated net profit in June-Sept to 1.1 billion rupees.
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