IRB Infra Stock Plunges 5% After Weak Q3 Results, Despite Bonus-Dividend News

• IRB Infrastructure Developers Ltd shares dropped about 5% on Monday, February 16, following poor Q3 financial results.
• The company's consolidated operational income decreased by 7.61% YoY to ₹1,871.17 crore, and net profit plummeted by 96.5% to ₹210.79 crore in Q3FY26.
• Despite the profit decline, the operating margin improved by 600 basis points to 54.6%, and EBITDA saw a slight increase of 1.4%.
• IRB Infra announced a third interim dividend of ₹0.07 per share and proposed a 1:1 bonus share issue, pending shareholder approval.
• The company also plans to increase its authorized share capital from ₹615 crore to ₹1,260 crore, subject to approvals.