Home / Business and Economy / IRB Tolls Surge 26% on Strong Traffic, New Assets
IRB Tolls Surge 26% on Strong Traffic, New Assets
10 Aug
Summary
- Toll collections rose 26% to ₹798 crore in July.
- Growth driven by traffic, new assets, and tariff revisions.
- Company targets ₹1.4 lakh crore asset base by 2030.
IRB Infrastructure Developers reported a robust start to the second quarter of fiscal year 2027, with gross toll collections in July 2026 increasing by about 26% to ₹798 crore, up from ₹633 crore in the prior year. This growth momentum continued from the first quarter.
The company attributed the rise in toll revenue to healthy traffic expansion, the integration of new Toll Operate Transfer (TOT) and Build Operate Transfer (BOT) assets, and tariff revisions implemented at the start of the year. Amitabh Murarka, Deputy CEO, highlighted the strength of the expanded asset portfolio and sustained economic activity.
For the June quarter, IRB Infrastructure Developers announced a 51.2% year-on-year increase in consolidated net profit, reaching ₹306.3 crore. Revenue grew to ₹2,137.3 crore, with EBITDA rising 21.1% to ₹1,152.4 crore. The company's toll revenue for the quarter increased by 14% to ₹733 crore.
Looking ahead, IRB Infrastructure is targeting an asset base of ₹1.4 lakh crore by 2030, leveraging India's infrastructure development and public-private partnership opportunities. The company remains focused on acquiring quality assets and creating sustainable value for its stakeholders.
