Latest news with #IRBInfrastructureDevelopers
Business Standard
12-07-2025
- Business
- Business Standard
IRB Infra reports 8% YoY jump in Q1 FY26 toll revenue
IRB Infrastructure Developers, along with its InvIT associate IRB Infrastructure Trust, reported combined toll revenue of Rs 1,680 crore for the April-June quarter of FY26, marking an 8% year-on-year increase from Rs 1,556 crore in Q1 FY25. For the month of June 2025, toll collections stood at Rs 544.8 crore, reflecting a 5% year-on-year growth from Rs 517.2 crore in June 2024. The company noted that the early onset of the monsoon this year had a moderate impact on traffic growth during the month. Amitabh Murarka, deputy CEO, IRB Infrastructure Developers, said, It is encouraging to witness sustained growth in toll collections throughout the first quarter of FY26, compared to the same period last yeardespite the early onset of the monsoon in many parts of the country, which had a marginal impact on traffic volumes. He added, Looking ahead, we expect this positive growth trajectory to continue, supported by the anticipated completion of ongoing projects in our portfolio, which will further strengthen revenue visibility. IRB Infrastructure Developers (IRB) is Indias leading and the largest integrated and first multi-national transport infrastructure developer in roads and highways sector. It operates across multiple business models such as build-operate-transfer (BOT), toll-operate-transfer (TOT), and hybrid annuity model (HAM). The company's consolidated net profit jumped 13.7% to Rs 214.72 crore on a 4.3% increase in net sales to Rs 2,149.24 crore in Q4 FY25 over Q4 FY24. The scrip slipped 1.39% to settle at Rs 47.62 on Friday, 12 July 2025.
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Business Standard
11-07-2025
- Business
- Business Standard
IRB Infrastructure, InvIT clock 8% growth in toll revenue in Q1 FY26
IRB Infrastructure Developers and its listed private infrastructure investment trust (InvIT), IRB Infrastructure Trust, have collectively reported an 8% year-on-year growth in toll revenue for the first quarter of the financial year 2026 (Q1 FY26). The toll revenue for both entities in the quarter under review stood at Rs 1,680 crore, up from Rs 1,556 crore in the corresponding period of FY25. The early onset of the monsoon this year had a moderate impact on traffic growth during June. Despite seasonal headwinds, both entities reported a combined toll revenue of Rs 545 crore in June 2025, compared to Rs 517 crore in June 2024, the company stated. In June, the company's wholly owned subsidiary, IRB MP Expressway (Mumbai-Pune Expressway and Old Mumbai-Pune Highway NH4), collected the highest revenue among all its subsidiaries and joint ventures. The asset recorded a toll revenue of Rs 147.5 crore, marginally higher than the Rs 144.9 crore revenue recorded in the same month last year. Amitabh Murarka, deputy chief executive officer of IRB Infrastructure Developers, said, 'It is encouraging to witness sustained growth in toll collections throughout the first quarter of FY26, compared to the same period last year—despite the early onset of the monsoon in many parts of the country, which had a marginal impact on traffic volumes.' He added, 'Looking ahead, we expect this positive growth trajectory to continue, supported by the anticipated completion of ongoing projects in our portfolio, which will further strengthen revenue visibility.' Additionally, IRB is the largest integrated private toll road and highway infrastructure developer in India. The company and its two InvITs (one private and one public) have an asset base of approximately Rs 80,000 crore across 12 Indian states. Currently, the IRB Group's project portfolio (including the InvITs) has 26 road projects, which include 18 build-operate-transfer (BOT), 4 toll-operate-transfer (TOT), and 4 hybrid annuity model (HAM) projects.
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Business Standard
04-07-2025
- Business
- Business Standard
IRB InvIT to acquire 3 road assets worth ₹8,436 cr from IRB InvIT Fund
IRB InvIT Fund, the publicly listed infrastructure investment trust (InvIT) sponsored by IRB Infrastructure Developers, is set to acquire three road assets at an enterprise value of Rs 8,436 crore from IRB Infrastructure Trust, the sponsor's privately held InvIT. The unitholders of the public InvIT have given their approval to the proposed acquisition of the 100 per cent equity share capital of three special purpose vehicles (SPVs)—Kaithal Tollway Limited, IRB Hapur Moradabad Tollway Limited, and Kishangarh Gulabpura Tollway Limited—from the private InvIT, with a majority of 96 per cent. The transaction was first announced in May this year. The unitholders also approved a fundraise of up to Rs 5,000 crore to undertake the proposed acquisition and the appointment of the sponsor as the project manager of the InvIT to carry out the operations and maintenance (O&M) activities of the three SPVs. These SPVs operate certain stretches of road projects on a design, build, finance, operate and toll (DBFOT) basis and are located in the states of Rajasthan and Uttar Pradesh, spanning approximately 1,800 lane kilometres. The public InvIT and the private InvIT executed a binding term sheet on 30 May 2025 for the acquisition. The proposed acquisitions are subject to the necessary regulatory approvals and compliances and will increase IRB Infrastructure Developers' O&M order book by approximately Rs 3,100 crore. Earlier, in a conversation with Business Standard, an IRB executive had said that IRB Infrastructure Developers aims to unlock capital through an asset transfer strategy between its two InvITs—one private and one public—to bid for toll-operate-transfer (TOT) projects. IRB's private InvIT serves as the development platform for the IRB Group. 'The private InvIT will bid for assets, take on construction risk, and stabilise the asset. Once stabilised, the asset will be transferred to the public InvIT, which will generate a margin of 300 to 400 basis points, typically translating to two times price to book,' said Anil Yadav, director, investor relations, IRB Infrastructure Developers.
Business Standard
10-06-2025
- Business
- Business Standard
IRB Infra toll revenue rises 9% YoY to Rs 581 cr in May'25.
IRB Infrastructure Developers along with its InvIT associate, IRB Infrastructure Trust reported a 9% jump in toll collection to Rs 581 crore in May 2025, compared with Rs 536 crore in May 2024. Amitabh Murarka, deputy CEO, IRB Infrastructure Developers, said, The Y-o-Y Toll Revenue growth of 9% in the second month of FY26 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. 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. IRB Infrastructure Developers (IRB) is Indias leading and the largest integrated and first multi-national transport infrastructure developer in roads and highways sector. It operates across multiple business models such as build-operate-transfer (BOT), toll-operate-transfer (TOT), and hybrid annuity model (HAM). The company's consolidated net profit jumped 13.7% to Rs 214.72 crore on 4.3% increase in net sales to Rs 2,149.24 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.06% to Rs 53.12 on the BSE.
Time of India
10-06-2025
- Business
- Time of India
IRB Infrastructure shares in focus after posting 9% YoY growth in May toll revenue
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads IRB Infrastructure Developers share price performance Shares of IRB Infrastructure Developers are expected to be in focus on Tuesday, June 10, after the company, along with its associate IRB Infrastructure Trust , reported a 9% year-on-year growth in toll revenue for May 2025.'Continuing with the encouraging start of a new financial year 2026 and momentum gained in the first month of FY26, the IRB Infrastructure Developers Limited, India's leading and the largest integrated multi-national transport infrastructure developer in the highways sector and its Private InvIT Associate, IRB Infrastructure Trust, India's largest listed Infrastructure Investment Trust have reported an aggregate Y-o-Y Toll Revenue growth of 9% in May 2025,' the company said in a regulatory to the company's update, collective toll revenue for the month stood at Rs 581 crore (Rs 5,812 million), compared to Rs 536 crore (Rs 5,355 million) in May increase highlights continued momentum in traffic growth and operational efficiency across its toll-based highway projects.'The YoY Toll Revenue growth of 9% in the second month of FY26 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. 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,' said Amitabh Murarka, Dy. CEO of IRB Infrastructure the past one year, shares of IRB Infrastructure Developers have declined by 31.09%. On a year-to-date (YTD) basis, the stock has fallen 10.76%, while the six-month loss stands at 10.51%. Despite the broader weakness, the stock has shown signs of recovery in the near term, gaining 19.38% over the last three months and 17.67% in the past one month.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
