IRB Infra Declares ₹0.10 Interim Dividend; Record Date on February 6

IRB Infrastructure declared a third interim dividend of ₹0.10 per equity share (10% of the face value of ₹1 each) for FY25. The record date for dividend payment is February 6, 2025, and eligible shareholders will receive payments by March 1, 2025. This brings the total dividend payout for the first nine months of FY25 to ₹181.1 crore.

Understanding the Ex-Date and Record Date

The ex-date is when a company’s stock starts trading without eligibility for dividends or stock splits. To receive these benefits, investors must purchase the stock before this date. The final list of eligible shareholders is determined at the end of the record date.

Financial Highlights

IRB Infrastructure Developers Ltd reported a 2.9% year-on-year (YoY) increase in revenue for Q3FY25, reaching ₹2,025.4 crore. In the same quarter last year, the company’s revenue stood at ₹1,968.5 crore. The company’s EBITDA grew by 13.2% to ₹984.1 crore in Q3FY25, compared to ₹869.2 crore in Q3FY24. The EBITDA margin also improved, rising to 48.6% from 44.2% in the previous year’s quarter.

About IRB Infrastructure Developers Ltd

IRB Infrastructure Developers is an Indian company specialising in infrastructure development and construction. It has vast experience in building roads and highways. The company is also involved in other areas of infrastructure, such as road maintenance, construction projects, airport development, and real estate.

As of February 5, 11:21 AM IST, IRB Infrastructure Developers share price is trading at ₹54.53, up ₹0.27 (0.50%) for the day. The stock opened at ₹54.30, reached a high of ₹55.15, and touched a low of ₹54.15. Over the past year, it recorded a 52-week high of ₹78.15 and a 52-week low of ₹45.06. The company’s market capitalisation stands at ₹33,000 crore, with a P/E ratio of 5.10 and a dividend yield of 0.69%.

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