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IRB Infrastructure Developers vs AVG Logistics Q3 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

IR

IRB Infrastructure Developers

IRB reported Q3 FY26 consolidated revenue of ₹1,912 crore (down 9% YoY) due to completion of construction projects, but PAT grew 14% YoY to ₹253 crore driven by higher InvIT income and lower interest costs.

AV

AVG Logistics

AVG Logistics reported Q3 FY26 revenue of ₹134.08 crore with EBITDA of ₹27.20 crore (margin 20.29%) and PAT of ₹5.40 crore.

Result Snapshot

Revenue₹1,871 Cr₹134 Cr
PAT₹211 Cr₹5 Cr
EBITDA Margin55%20.29%
Sentimentbullishneutral

Key Quotes

We have successfully executed our BC that is build execute stable land and transfer strategy monetizing matured assets through our public.
Anil Yadav · Senior Management
We are the first in India to commercially deploy 25-ton electric motor Tata motor and Tata steel services for intra plant and short hall deliveries.
Sanjay Gupta · Managing Director and CEO