Latest news with #IRBInfrastructure
Time of India
8 hours ago
- Business
- Time of India
IRB Infra toll revenue rises nearly 9 pc to Rs 581 cr in May
IRB Infrastructure on Monday posted a nearly 9 per cent year-on-year rise in its toll revenue to Rs 581 crore in May 2025. Revenues from the toll collection business stood at Rs 536 crore in the same month last year, IRB said in an exchange filing. Of its 17 tolls, the IRB MP Expressway in Maharashtra contributed the major share of Rs 159.5 crore to the total revenue collection in April, up from Rs 152.6 crore contribution in May 2024. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Online MBA from India's Top Ranked Institute SRM Online MBA Learn More Undo With Rs 73 crore, IRB Golconda Expressway (Hyderabad ORR) was the second largest contributor to the revenues in May 2025, up from 62.7 crore last year. Contribution of IRB Ahmedabad Vadodara Super Express Tollway rose to Rs 68.7 crore from Rs 64.5 crore in May 2024, which is the third largest in the aggregate toll collection, it said. Live Events Last year, the company added TOT-12 project Lalitpur Lakhnadon NH44 and collected Rs 37.5 crore toll revenue, higher from Rs 35.5 crore a year ago. "The y-o-y toll revenue growth of 9 per cent can be primarily attributed to the vacation season across the country. While pre-monsoon rains did have some minor impact on traffic volumes during the latter half of the month, the overall momentum remains strong," its Deputy CEO Amitabh Murarka said. This sustained growth trajectory is encouraging and is expected to continue in the coming months, supported by the addition of approximately 4.5 lakh new commercial and passenger vehicles across India in May 2025, along with the expected completion of a few ongoing projects within our portfolio, he said. IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads and highways infrastructure developer with an asset base of over Rs 80,000 crore in 12 states.
Hans India
23-05-2025
- Business
- Hans India
Construction firm IRB Infra's shares tumble over 31 pc in last 1 year
Mumbai: Highway construction company IRB Infrastructure has seen its shares nosediving over the past year, declining by more than 31 per cent in a year's time. On Friday, the stock closed at Rs 50.94 on the National Stock Exchange (NSE), down Rs 0.31, or 0.60 per cent, apiece for the day. This is a steep drop from its 52-week high of Rs 78.15, representing a fall of 34.81 per cent. The stock has faced pressure not just in the past year, but also in 2025 to date. On a year-to-date (YTD) basis, IRB Infra shares are down 14.44 per cent, and over the last six months, they have slipped by 0.41 per cent. While the shares have risen 4.81 per cent in the past month, they fell 0.89 per cent in the last five trading sessions. The 52-week low stands at Rs 40.96 on NSE. However, on May 21, the shares of the company soared over 4 per cent during the intra-day trade. According to the information on its website, IRB Infra has 26 highway projects across 12 states with an asset base of Rs 80,000 crore, with 15,500 lane kms under operations and 72 toll plazas. Meanwhile, on a sequential basis, IRB Infra reported a 96.43 per cent decline in its net profit for the March quarter (Q4 FY25) to Rs 214.7 crore, compared to Rs 6,026.1 crore in the December quarter (Q3 FY25). Total expenses in the March quarter also rose by 7.23 per cent, driven by a 78.28 per cent surge in the cost of materials consumed and a 26.14 per cent rise in other expenses. Despite the bottom-line pressure, revenue from operations increased by 6.11 per cent to Rs 2,149.2 crore in Q4, while total income rose by 6.10 per cent to Rs 2,217.8 crore. However, compared to the same quarter last year, total income was still down by 11.44 per cent.
Time of India
19-05-2025
- Business
- Time of India
IRB Infrastructure Developers Q4 Results: Profit grows 14% to Rs 215 crore
IRB Infrastructure Developers Ltd on Monday posted 14 per cent growth in net profit at Rs 214.7 crore for March quarter FY25 driven by rise in revenue from operations. It had logged Rs 188.8 crore net profit in the fourth quarter of preceding 2023-24 fiscal, the company said in an exchange filing. Total revenue from operations rose to Rs 2,149.2 crore from Rs 2,061.2 crore in the same period a year ago. Expenses were lower at Rs 1,895.3 crore as against Rs 2,060.1 crore in January-March FY24. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. In entire FY25, the company's net profit surged to Rs 6,480.6 crore from Rs 605 crore in FY24. On April 9, IRB Infrastructure posted 23 per cent year-on rise in its toll revenue to Rs 6,360 crore for financial year 2024-25. Live Events "The results are promising, with a strong 23 per cent growth in toll revenue over last year, outpacing the national growth rate of 12.5 per cent. Although the first half was impacted by general elections, we witnessed robust growth in the second half of FY25," CMD Virendra D Mhaiskar said. The two TOT projects that commenced operations during the year have been encouraging and exceeding estimates. With the government's push for PPP projects in the Union Budget , the company remains focused on expected higher momentum in BOT and TOT (Build-Operate-Transfer and Toll-Operate-Transfer) bid line-up. IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads and highways infrastructure developer with an asset base of over Rs 80,000 crore in 12 states.
Economic Times
19-05-2025
- Business
- Economic Times
IRB Infrastructure Developers Q4 Results: Profit grows 14% to Rs 215 crore
IRB Infrastructure Developers Ltd on Monday posted 14 per cent growth in net profit at Rs 214.7 crore for March quarter FY25 driven by rise in revenue from operations. It had logged Rs 188.8 crore net profit in the fourth quarter of preceding 2023-24 fiscal, the company said in an exchange filing. ADVERTISEMENT Total revenue from operations rose to Rs 2,149.2 crore from Rs 2,061.2 crore in the same period a year ago. Expenses were lower at Rs 1,895.3 crore as against Rs 2,060.1 crore in January-March FY24. In entire FY25, the company's net profit surged to Rs 6,480.6 crore from Rs 605 crore in FY24. On April 9, IRB Infrastructure posted 23 per cent year-on rise in its toll revenue to Rs 6,360 crore for financial year 2024-25. "The results are promising, with a strong 23 per cent growth in toll revenue over last year, outpacing the national growth rate of 12.5 per cent. Although the first half was impacted by general elections, we witnessed robust growth in the second half of FY25," CMD Virendra D Mhaiskar said. ADVERTISEMENT The two TOT projects that commenced operations during the year have been encouraging and exceeding estimates. With the government's push for PPP projects in the Union Budget, the company remains focused on expected higher momentum in BOT and TOT (Build-Operate-Transfer and Toll-Operate-Transfer) bid line-up. IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads and highways infrastructure developer with an asset base of over Rs 80,000 crore in 12 states. (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
08-05-2025
- Business
- Business Standard
IRB Infra's toll revenue rises 10% to ₹554 cr on strong project gains
IRB Infrastructure on Thursday posted a 10 per cent rise in its toll revenue to Rs 554 crore in April compared to Rs 503 crore in the same month last year. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 150.7 crore to the total revenue collection in April, up from Rs 140.7 crore contribution in April 2024, IRB said in an exchange filing. Contribution of IRB Ahmedabad Vadodara Super Express Tollway rose to Rs 65.4 crore from Rs 59.2 crore in 2024, it said. With Rs 32.7 crore, CG Tollway (Chittorgarh to Gulabpura NH 79) was the third largest contributor to the revenues in April, up from Rs 29.7 crore last year. Udaipur Tollway Limited collected Rs 27.2 crore toll revenue higher from Rs 25.5 crore a year ago. Amitabh Murarka, Deputy CEO of the company said, "We concluded FY25 with robust momentum, which continued into April 2025, as reflected in 10 per cent y-o-y growth in toll revenues. Given the overall performance of the Indian economy and the implementation of budgetary provisions, this positive trend is expected to extend further in FY26." IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads and highways infrastructure developer with an asset base of over Rs 80,000 crore in 12 states. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
