The Hyderabad Metropolitan Development Authority (HMDA) had invited global competitive bids for the project wherein IRB Infra emerged as the selected bidder.
IRB Infrastructure toll collection: IRB Infra recently split its equity shares in a 10:1 ratio, meaning one share was divided into 10 shares bearing a face value of Rs 1 each. The company's order book currently stands at Rs 20,892 crore, including a construction order book of Rs 9,714 crore.
IRB Infrastructure, a leading private roads and highways developer, had clocked a net profit of Rs 142 crore in the corresponding quarter last fiscal.
Mumbai: Toll road developer IRB Infrastructure Developers has posted a 14 per cent rise in net profit at Rs 122 crore (Rs 107 crore) for the quarter ended September 30, 2014.Income from operations declined 6
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