IRB Infra Q4 Results: Strong operating performance sends stock higher by 6%
Shares of IRB Infrastructure Developers Ltd. gained over 6% on Wednesday, May 20, after the company reported its fourth quarter earnings which were stronger on the operating front. While the company’s profitability, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) and EBITDA margins grew from the year-ago period, the topline was lower compared to last…
