IRB Infrastructure shares rally over 10% as stock trades ex-bonus from Monday; check details here

Last month, the company’s board had approved a bonus issue in the ratio of 1:1, which means shareholders will receive one fully paid-up bonus equity share of ₹1 for every (one) existing equity share of ₹1 held by them as of the record date.

IRB Infrastructure has fixed April 1, 2026, as the record date for the purpose of determining the shareholders eligible for issuance and allotment of bonus equity shares.

“Further, in accordance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment of the bonus equity shares shall be the next working day, i.e., Thursday, April 2, 2026. The said bonus equity shares will be made available for trading on the next working date from the deemed date of allotment,” the company had said in a regulatory filing last week.

At 9:58 AM, IRB Infrastructure shares were trading at ₹22.137 apiece, rising 9.28% on NSE.

IRB Infrastructure Q3 earnings

The construction engineering company had posted a 96.5% year-on-year (YoY) decline in its consolidated net profit at ₹210.71 crore during the quarter under review, compared to ₹6,026.11 crore in the December quarter of the 2024-25 fiscal year (Q3FY25).

Its profit after tax (PAT) before exceptional items thus surged 14% YoY to ₹253 crore for the December quarter of FY26, as against ₹222 crore in the year-ago period, it said in a regulatory filing on Friday.

IRB Infrastructure’s total revenue from operations slumped 7.6% YoY to ₹1,871.17 crore for the reporting period, in comparison to ₹2,025.44 crore in the third quarter of FY25.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹1,063 crore in the October-December quarter of the current fiscal year.

It advanced 1.33% YoY from ₹1,049 crore in EBITDA that the company had clocked in Q3 FY25.

Furthermore, IRB Infrastructure’s board of directors had also declared its third interim dividend of 7%, i.e., ₹0.07 per equity share with a face value of ₹1 each for FY26.