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IRB Infra shares surge on toll income growth

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Reuters
Last Updated : Jul 31 2014 | 12:19 PM IST

Reuters Market Eye - IRB Infrastructure Developers Ltd jumps 6.9 percent.

April-June toll revenue beat market estimates, traders say.

Toll income for the quarter rose by 22.2 percent to 4.87 billion rupees ($80.8 million), a separate presentation on IRB's website showed.

Separately, IRB Infrastructure reported June-quarter consolidated net profit rose by about 11 percent to 1.50 billion rupees from a year earlier.

(Reporting by Abhishek Vishnoi)

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First Published: Jul 31 2014 | 12:07 PM IST

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