Mumbai: IRB Infrastructure Developers on Friday said its consolidated net profit jumped three-fold to Rs141 crore for the quarter ended 31 March, 2010, compared to the corresponding period of the previous year.
Total income rose to Rs513 crore for the quarter ended 31 March from Rs327 crore in the corresponding quarter last year, IRB Infrastructure said in a filing to the Bombay Stock Exchange.
The board has proposed a dividend of Rs1.50 per share of Rs10 face value for the 2009-10 financial year.
For the year ended 31 March, 2010, the company has posted a consolidated net profit of Rs385 crore, a two-fold jump in comparison to the previous year.
Shares of IRB Infrastructure Developers closed at Rs289.40 on the BSE, up 1.28% from the previous close.