Dividend & Bonus Alert: Infra player announces payouts despite weak Q3 results

IRB Infrastructure Developers Ltd reported a mixed set of numbers for the December quarter on Friday, with revenue declining but operating performance holding up and shareholder rewards taking centre stage.

Revenue for the quarter fell 7.6% year-on-year to ₹1,871 crore from ₹2,025 crore. Net profit declined sharply to ₹210.7 crore compared with ₹603 crore in the corresponding quarter last year.

At the operating level, EBITDA rose 3.9% to ₹1,022 crore from ₹984 crore a year earlier. Margins expanded to 54.6% from 48.6% in the year-ago period, reflecting improved operating efficiency despite the drop in topline.

Alongside the results, the company declared a third interim dividend of 7%, or ₹0.07 per equity share of face value ₹1 each, for FY26. The record date has been fixed as February 19, 2026, and the dividend will be paid on or before March 14, 2026.

The board also recommended a bonus issue in the ratio of 1:1, subject to shareholders’ approval through postal ballot and other statutory clearances. The record date for the bonus issue will be intimated separately.

Further, IRB proposed increasing its authorised share capital from ₹615 crore to ₹1,260 crore, subject to shareholder approval.

Also Read: EPL Q3 Results: Revenue growth firm across regions, Europe remains soft spot

Shares of the company ended at ₹43.95 on the NSE ahead of the earnings announcement, down 1.15% for the day.