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Mumbai, Nov. 1

Toll operating company IRB Infrastructure Developers, on a consolidated basis, has posted 80 per cent rise in net profit at Rs 74 crore, for the quarter-ended September 30, 2009, as against Rs 41 crore logged during the same period last year. Total income rose 73 per cent to Rs 363.28 crore (Rs 209.78 crore). Mr Virendra D. Mhaiskar, Chairman and Managing Director, said IRB had enough capital to undertake its existing projects and was qualified to bid for additional projec ts to be bid out by the National Highway Authority of India and other State undertakings. On Friday, IRB stocks on BSE closed almost flat at Rs 231.

— Our Bureau

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