IRB INFRA. Announces Quarterly Results (1QFY20); Net Profit Down 17.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

IRB INFRA. Announces Quarterly Results (1QFY20); Net Profit Down 17.4%
Wed, 7 Aug

IRB INFRA. has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

IRB INFRA. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m15,38019,48317,730-9.0%15.3%
Other incomeRs m453506481-5.0%6.2%
TurnoverRs m15,83219,98918,211-8.9%15.0%
ExpensesRs m7,91311,8829,176-22.8%16.0%
Gross profitRs m7,4677,6018,55412.5%14.6%
DepreciationRs m1,3451,3571,53513.1%14.2%
InterestRs m2,4773,1383,62815.6%46.5%
Profit before taxRs m4,0983,6123,8727.2%-5.5%
TaxRs m1,5971,5321,80617.9%13.1%
Profit after taxRs m2,5012,0802,066-0.7%-17.4%
Gross profit margin%48.539.048.2
Effective tax rate%39.042.446.6
Net profit margin%15.810.411.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 15.3% on a year-on-year (YoY) basis. The expenses were up by 16.0% YoY during the same period.
  • The company's operating profit increased by 14.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 48.2% in 1QFY20 as against 48.5% in 1QFY19.
  • Depreciation charges increased by 14.2% and finance costs increased by 46.5% YoY, respectively.
  • Other income increased by 6.2% YoY during the quarter.
  • Net profit for the quarter declined by 17.4% YoY. Net profit margins during the quarter declined from 15.8% in 1QFY19 to 11.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 9.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 22.8% QoQ during the same period.
  • The company's operating profit increased by 12.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 48.2% in 1QFY20 as against 39.0% in 4QFY19.
  • Net profit for the quarter declined by 0.7% QoQ, while net profit margins increased from 10.4% in 4QFY19 to 11.3% in 1QFY20.

To see how IRB INFRA. has performed over the last eight quarters,please visit here.

IRB INFRA. Share Price Performance

Over the last one year,IRB INFRA. share price has moved down from Rs 197.2 to Rs 103.0, registering a Loss of Rs 94.2 or around 47.8%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,036.8 (up 0.6%). Over the last one year it has moved down from 2,059.4 to 2,036.8, a gain of 23 points (down 1.1%).

Overall, the S&P BSE SENSEX is down 1.8% over the year.

Current Valuations

At the current price of Rs 103.0, the price to earnings (P/E) ratio of IRB INFRA. stands at 4.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.6 times.

Equitymaster requests your view! Post a comment on "IRB INFRA. Announces Quarterly Results (1QFY20); Net Profit Down 17.4%". Click here!

  

Related Views on News

IRB INFRA. Announces Quarterly Results (4QFY19); Net Profit Down 13.2% (Quarterly Result Update)

May 29, 2019 | Updated on May 29, 2019

For the quarter ended March 2019, IRB INFRA. has posted a net profit of Rs 2 bn (down 13.2% YoY). Sales on the other hand came in at Rs 19 bn (up 41.0% YoY). Read on for a complete analysis of IRB INFRA.'s quarterly results.

IRB INFRA. Announces Quarterly Results (3QFY19); Net Profit Up 5.6% (Quarterly Result Update)

Feb 5, 2019 | Updated on Feb 5, 2019

For the quarter ended December 2018, IRB INFRA. has posted a net profit of Rs 2 bn (up 5.6% YoY). Sales on the other hand came in at Rs 18 bn (up 38.0% YoY). Read on for a complete analysis of IRB INFRA.'s quarterly results.

IRB INFRA. 2017-18 Annual Report Analysis (Annual Result Update)

Sep 25, 2018 | Updated on Sep 25, 2018

Here's an analysis of the annual report of IRB INFRA. for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of IRB INFRA.. Also includes updates on the valuation of IRB INFRA..

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

More Views on News

Most Popular

Buying these Eight Stocks is Like Owning Your Own Business(Profit Hunter)

Sep 5, 2019

Everyone dreams of owning a business. Here is your chance.

7 Stocks to Buy in the Market Today(The 5 Minute Wrapup)

Sep 5, 2019

The stock market had a four-year bull run starting September 2013. Are we seeing a similar pattern now?

Don't Buy Lakshmi Vilas Bank...Buy this Private Sector Bank with 74% Upside(The 5 Minute Wrapup)

Sep 4, 2019

Lakshmi Vilas Bank is in a vicious cycle. The stock is already down 57% in 2019. Despite this, the retail investors increased their holding.

Insider Buying Alert: Promoters Increase Stake in 8 High-Quality Smallcaps(Profit Hunter)

Sep 3, 2019

Insiders have increased their stakes in eight Hidden Treasure recommendations. Should you follow them?

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

IRB INFRA. SHARE PRICE


Sep 13, 2019 (Close)

TRACK IRB INFRA.

  • Track your investment in IRB INFRA. with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

IRB INFRA. - HDIL COMPARISON

COMPARE IRB INFRA. WITH

MARKET STATS