IRB Infrastructure Developers Ltd
NSE:IRB
Income Statement
Earnings Waterfall
IRB Infrastructure Developers Ltd
Revenue
|
69.7B
INR
|
Cost of Revenue
|
-30.3B
INR
|
Gross Profit
|
39.4B
INR
|
Operating Expenses
|
-16.8B
INR
|
Operating Income
|
22.6B
INR
|
Other Expenses
|
-17.1B
INR
|
Net Income
|
5.5B
INR
|
Income Statement
IRB Infrastructure Developers Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
37 973
N/A
|
37 319
-2%
|
37 092
-1%
|
36 533
-2%
|
37 399
+2%
|
38 489
+3%
|
39 477
+3%
|
42 137
+7%
|
45 832
+9%
|
51 279
+12%
|
55 364
+8%
|
56 778
+3%
|
57 554
+1%
|
58 459
+2%
|
61 455
+5%
|
60 537
-1%
|
59 390
-2%
|
56 941
-4%
|
54 152
-5%
|
56 487
+4%
|
61 410
+9%
|
67 070
+9%
|
69 421
+4%
|
72 619
+5%
|
72 160
-1%
|
68 522
-5%
|
61 015
-11%
|
54 727
-10%
|
52 773
-4%
|
52 986
+0%
|
59 020
+11%
|
62 439
+6%
|
59 758
-4%
|
58 037
-3%
|
61 025
+5%
|
59 803
-2%
|
62 153
+4%
|
64 016
+3%
|
61 113
-5%
|
65 133
+7%
|
69 677
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(17 540)
|
(16 588)
|
(15 249)
|
(13 682)
|
(13 128)
|
(12 940)
|
(13 408)
|
(15 202)
|
(17 582)
|
(20 030)
|
(22 836)
|
(22 924)
|
(22 718)
|
(21 805)
|
(25 043)
|
(25 447)
|
(25 126)
|
(21 780)
|
(21 766)
|
(22 647)
|
(26 246)
|
(29 484)
|
(32 227)
|
(34 863)
|
(35 024)
|
(32 652)
|
(28 943)
|
(24 630)
|
(22 713)
|
(21 755)
|
(25 620)
|
(27 263)
|
(24 336)
|
(23 959)
|
(23 053)
|
(22 116)
|
(24 177)
|
(25 083)
|
(24 914)
|
(27 262)
|
(30 273)
|
|
Gross Profit |
20 433
N/A
|
20 731
+1%
|
21 843
+5%
|
22 850
+5%
|
24 270
+6%
|
25 549
+5%
|
26 070
+2%
|
26 936
+3%
|
28 251
+5%
|
31 250
+11%
|
32 529
+4%
|
33 855
+4%
|
34 837
+3%
|
36 654
+5%
|
36 412
-1%
|
35 090
-4%
|
34 264
-2%
|
35 161
+3%
|
32 386
-8%
|
33 840
+4%
|
35 164
+4%
|
37 587
+7%
|
37 194
-1%
|
37 756
+2%
|
37 136
-2%
|
35 870
-3%
|
32 072
-11%
|
30 098
-6%
|
30 061
0%
|
31 231
+4%
|
33 402
+7%
|
35 177
+5%
|
35 423
+1%
|
34 078
-4%
|
37 972
+11%
|
37 686
-1%
|
37 975
+1%
|
38 934
+3%
|
36 198
-7%
|
37 871
+5%
|
39 405
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(7 768)
|
(7 955)
|
(8 549)
|
(9 102)
|
(9 984)
|
(10 501)
|
(10 614)
|
(10 893)
|
(11 357)
|
(13 176)
|
(13 197)
|
(13 727)
|
(13 693)
|
(14 719)
|
(13 647)
|
(11 410)
|
(11 126)
|
(13 767)
|
(10 006)
|
(11 862)
|
(11 993)
|
(13 608)
|
(12 319)
|
(11 875)
|
(11 357)
|
(10 839)
|
(10 128)
|
(10 223)
|
(11 081)
|
(11 907)
|
(12 388)
|
(12 904)
|
(12 976)
|
(10 769)
|
(13 884)
|
(14 391)
|
(14 845)
|
(14 385)
|
(15 394)
|
(16 180)
|
(16 827)
|
|
Selling, General & Administrative |
(1 714)
|
(3 083)
|
(1 857)
|
(1 876)
|
(1 918)
|
(3 337)
|
(1 957)
|
(2 058)
|
(2 175)
|
(4 511)
|
(2 626)
|
(2 632)
|
(2 734)
|
(5 869)
|
(2 659)
|
(2 700)
|
(2 840)
|
(7 902)
|
(3 113)
|
(3 324)
|
(3 335)
|
(8 076)
|
(2 878)
|
(2 758)
|
(2 613)
|
(6 053)
|
(2 827)
|
(2 898)
|
(2 776)
|
(6 022)
|
(2 674)
|
(2 564)
|
(2 640)
|
(5 985)
|
(2 905)
|
(3 049)
|
(3 398)
|
(6 540)
|
(3 471)
|
(3 711)
|
(3 797)
|
|
Depreciation & Amortization |
(4 672)
|
(4 771)
|
(5 319)
|
(5 876)
|
(6 544)
|
(7 071)
|
(7 323)
|
(7 558)
|
(8 030)
|
(8 533)
|
(8 724)
|
(8 966)
|
(8 508)
|
(8 548)
|
(8 157)
|
(7 143)
|
(6 552)
|
(5 440)
|
(4 969)
|
(5 081)
|
(5 190)
|
(5 395)
|
(5 585)
|
(5 352)
|
(4 986)
|
(4 683)
|
(3 992)
|
(4 138)
|
(5 097)
|
(5 817)
|
(6 337)
|
(6 704)
|
(6 714)
|
(6 828)
|
(7 496)
|
(7 763)
|
(7 989)
|
(8 321)
|
(8 657)
|
(9 065)
|
(9 428)
|
|
Other Operating Expenses |
(1 381)
|
(102)
|
(1 371)
|
(1 350)
|
(1 521)
|
(94)
|
(1 336)
|
(1 277)
|
(1 154)
|
(132)
|
(1 848)
|
(2 129)
|
(2 451)
|
(303)
|
(2 832)
|
(1 567)
|
(1 734)
|
(425)
|
(1 924)
|
(3 456)
|
(3 468)
|
(138)
|
(3 856)
|
(3 766)
|
(3 758)
|
(103)
|
(3 310)
|
(3 188)
|
(3 210)
|
(68)
|
(3 378)
|
(3 637)
|
(3 623)
|
2 043
|
(3 484)
|
(3 579)
|
(3 458)
|
476
|
(3 265)
|
(3 403)
|
(3 601)
|
|
Operating Income |
12 667
N/A
|
12 776
+1%
|
13 297
+4%
|
13 750
+3%
|
14 287
+4%
|
15 048
+5%
|
15 453
+3%
|
16 041
+4%
|
16 892
+5%
|
18 074
+7%
|
19 331
+7%
|
20 127
+4%
|
21 143
+5%
|
21 935
+4%
|
22 764
+4%
|
23 679
+4%
|
23 137
-2%
|
21 394
-8%
|
22 379
+5%
|
21 977
-2%
|
23 170
+5%
|
23 978
+3%
|
24 875
+4%
|
25 881
+4%
|
25 780
0%
|
25 031
-3%
|
21 944
-12%
|
19 874
-9%
|
18 978
-5%
|
19 324
+2%
|
21 013
+9%
|
22 273
+6%
|
22 447
+1%
|
23 309
+4%
|
24 087
+3%
|
23 294
-3%
|
23 129
-1%
|
24 548
+6%
|
20 804
-15%
|
21 691
+4%
|
22 578
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7 079)
|
(6 272)
|
(8 069)
|
(8 574)
|
(8 904)
|
(8 067)
|
(9 495)
|
(9 627)
|
(9 901)
|
(9 227)
|
(11 572)
|
(12 570)
|
(13 313)
|
(11 810)
|
(12 899)
|
(11 859)
|
(10 836)
|
(8 235)
|
(9 289)
|
(9 652)
|
(10 152)
|
(9 924)
|
(12 351)
|
(13 445)
|
(14 678)
|
(13 231)
|
(16 588)
|
(17 542)
|
(18 043)
|
(14 048)
|
(19 184)
|
(19 543)
|
(21 376)
|
(16 559)
|
(20 337)
|
(19 347)
|
(16 710)
|
(13 235)
|
(16 382)
|
(17 345)
|
(18 383)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 267
|
1 267
|
1 267
|
1 267
|
0
|
0
|
0
|
0
|
574
|
574
|
574
|
574
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(8)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
125
|
0
|
0
|
0
|
|
Total Other Income |
1 228
|
(77)
|
1 189
|
1 194
|
1 199
|
(118)
|
1 143
|
1 158
|
1 181
|
(146)
|
1 299
|
1 332
|
1 315
|
(295)
|
1 458
|
1 320
|
1 477
|
255
|
338
|
672
|
682
|
673
|
1 984
|
1 942
|
1 952
|
(632)
|
1 981
|
1 946
|
1 948
|
(2 664)
|
1 826
|
1 763
|
3 473
|
(1 265)
|
5 778
|
6 345
|
4 718
|
(669)
|
3 421
|
3 757
|
4 284
|
|
Pre-Tax Income |
6 815
N/A
|
6 419
-6%
|
6 415
0%
|
6 369
-1%
|
6 581
+3%
|
6 864
+4%
|
7 102
+3%
|
7 573
+7%
|
8 173
+8%
|
8 702
+6%
|
9 058
+4%
|
8 890
-2%
|
9 146
+3%
|
9 839
+8%
|
11 325
+15%
|
13 141
+16%
|
13 779
+5%
|
14 640
+6%
|
14 695
+0%
|
14 263
-3%
|
14 966
+5%
|
14 733
-2%
|
14 507
-2%
|
14 378
-1%
|
13 054
-9%
|
11 752
-10%
|
7 910
-33%
|
4 851
-39%
|
3 455
-29%
|
2 616
-24%
|
3 654
+40%
|
4 492
+23%
|
4 544
+1%
|
5 496
+21%
|
9 529
+73%
|
10 293
+8%
|
11 139
+8%
|
10 770
-3%
|
7 844
-27%
|
8 104
+3%
|
8 479
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 781)
|
(1 823)
|
(1 654)
|
(1 457)
|
(1 422)
|
(1 441)
|
(1 539)
|
(1 732)
|
(1 987)
|
(2 306)
|
(2 492)
|
(2 399)
|
(2 491)
|
(2 685)
|
(3 610)
|
(4 500)
|
(4 907)
|
(5 444)
|
(5 375)
|
(5 562)
|
(6 149)
|
(6 234)
|
(6 442)
|
(6 040)
|
(5 308)
|
(4 544)
|
(3 069)
|
(2 209)
|
(1 716)
|
(1 445)
|
(1 463)
|
(1 681)
|
(1 700)
|
(1 882)
|
(3 002)
|
(3 336)
|
(3 495)
|
(3 569)
|
(2 938)
|
(3 094)
|
(3 008)
|
|
Income from Continuing Operations |
5 035
|
4 596
|
4 761
|
4 913
|
5 160
|
5 424
|
5 564
|
5 841
|
6 187
|
6 395
|
6 567
|
6 492
|
6 655
|
7 154
|
7 715
|
8 640
|
8 871
|
9 197
|
9 319
|
8 701
|
8 817
|
8 500
|
8 064
|
8 337
|
7 745
|
7 209
|
4 841
|
2 642
|
1 740
|
1 171
|
2 192
|
2 812
|
2 844
|
3 614
|
6 527
|
6 957
|
7 644
|
7 200
|
4 906
|
5 011
|
5 471
|
|
Income to Minority Interest |
(25)
|
(5)
|
(12)
|
(15)
|
(22)
|
6
|
7
|
10
|
18
|
(4)
|
(5)
|
(5)
|
(5)
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
5 010
N/A
|
4 591
-8%
|
4 749
+3%
|
4 898
+3%
|
5 139
+5%
|
5 429
+6%
|
5 572
+3%
|
5 852
+5%
|
6 205
+6%
|
6 391
+3%
|
6 562
+3%
|
6 487
-1%
|
6 650
+3%
|
7 155
+8%
|
7 715
+8%
|
8 640
+12%
|
8 871
+3%
|
9 197
+4%
|
9 319
+1%
|
8 701
-7%
|
8 817
+1%
|
8 500
-4%
|
8 064
-5%
|
8 337
+3%
|
7 745
-7%
|
7 209
-7%
|
4 841
-33%
|
2 642
-45%
|
1 740
-34%
|
1 171
-33%
|
2 192
+87%
|
2 812
+28%
|
2 844
+1%
|
3 614
+27%
|
6 527
+81%
|
6 957
+7%
|
7 644
+10%
|
7 200
-6%
|
4 906
-32%
|
5 011
+2%
|
5 471
+9%
|
|
EPS (Diluted) |
1.51
N/A
|
1.38
-9%
|
1.43
+4%
|
1.48
+3%
|
1.55
+5%
|
1.63
+5%
|
1.58
-3%
|
1.66
+5%
|
1.76
+6%
|
1.82
+3%
|
1.88
+3%
|
1.86
-1%
|
1.9
+2%
|
2.04
+7%
|
2.2
+8%
|
2.43
+10%
|
2.53
+4%
|
2.62
+4%
|
2.65
+1%
|
2.47
-7%
|
2.5
+1%
|
2.42
-3%
|
2.29
-5%
|
2.37
+3%
|
2.21
-7%
|
2.05
-7%
|
1.38
-33%
|
0.75
-46%
|
0.49
-35%
|
0.33
-33%
|
0.64
+94%
|
0.79
+23%
|
0.79
N/A
|
0.87
+10%
|
1.08
+24%
|
1.14
+6%
|
1.26
+11%
|
1.19
-6%
|
0.81
-32%
|
0.83
+2%
|
0.91
+10%
|