Irb infrastructure developers

The firm’s order book now stands at approximately Rs11,600 crore out of which Rs9,650 crore worth of orders are to be executed in the next 3-4 years, the company said in a filing to BSE. Photo: Pradeep Gaur/Mint<br />
Rising interest costs and falling profit margins over eight quarters have trickled down to a precarious interest cover of less than one for many infrastructure firms. Photo: Mint<br />
A file photo of a toll road in Gurgaon, Haryana. IRB Infrastructure Developers Ltd, India’s largest toll road operator, had entered into a definitive agreement with the shareholders of MVR Infra to acquire their entire holding in the company in May. Photo: Madhu Kapparath/Mint<br /> (Madhu Kapparath/Mint)

IRB picks up 74% stake in MVR Infra

1 min read . 10 Oct 2012
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