Bonus & Dividend: IRB Infra posts Rs 211 crore Q3 PAT, announces corporate actions—See details

Infrastructure developer IRB Infra on Friday declared a bonus issue and an interim dividend for eligible shareholders as it reported its financial results for the October-December period.

IRB Infra bonus shares

The company's board cleared the issuance of bonus shares in the ratio of 1:1. In other words, eligible shareholders will get one bonus share each for every equity share held in the company.

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IRF Infra said that the record date for the said corporate action will be intimated separately.

IRB Infra dividend

It also declared an interim dividend of Re 0.07 per equity share -- a 7 per cent payout given the face value of Re 1 per equity share. The company's board approved February 19 as the record date for the dividend payment.

This marks the company's third interim dividend for the year, taking the total payouts in FY26 to 21 per cent.

The dividend will be paid to eligible shareholders by March 14.

IRB Infra Q3 FY26 Results

IRB Infra reported a consolidated net profit of Rs 210.8 crore for the quarter ended December 31, a 96.5 per cent year-on-year fall.

Its revenue from operations stood at Rs 1,871.2 crore for the third quarter of the current financial year, as against Rs 2,025.4 crore a year ago, according to a regulatory filing.

Revenue from services fell 16.3 per cent to Rs 1,489.9 crore.

The company's third-quarter expenditure declined 10.9 per cent to Rs 1,574.6 crore, as the cost of materials consumed fell 26.5 per cent to Rs 1,055.7 crore.

It clinched an EBITDA of Rs 1,063 crore for Q3, versus Rs 1,049 crore a year ago.

“During the quarter, we successfully monetised three BoT assets by transferring from Private InvIT to Public InvIT thereby unlocking equity of Rs.4,900 crore. We also completed the transfer of the VM7 HAM asset to the Public InvIT, unlocking Rs 513 crore of equity and reducing debt by over Rs 700 crore," said Virendra D Mhaiskar, Chairman and Managing Director, IRB Infra.

“In line with our Capital recycling strategy, we are deploying the unlocked capital to fund the equity requirement of the newly acquired 2 ToT assets aggregating to approx. Rs 14,000 crore. Rewarding our shareholders, the management is pleased to announce 1:1 bonus issue; thus, enabling our esteemed shareholders to participate in the Company’s growth story," he added.

Segment-wise revenue

The company's revenue from BoT and ToT projects rose 9.1 per cent to Rs 7,06.6 crore, and that from InvITs and related assets increased 55.7 per cent to Rs 381.3 crore.

In the construction segment, its revenue declined 30.9 per cent to Rs 780.6 crore.

Labour code

The company said its earnings included an exceptional item of Rs 42.7 crore due to the estimated incremental impact of new labour laws.

IRB Infra shares

Earlier on Friday, IRB Infra shares ended 1.2 per cent lower at Rs 44 apiece on BSE.

The stock has risen 4.3 per cent so far this year, outperforming a 2.6 per cent fall in the Nifty 50.

It has fallen 11.2 per cent in a year, while the benchmark has gained 10.6 per cent.