IRB Infrastructure Toll Revenue Surges 15% YoY in January 2026

IRB Infrastructure Developers reported a robust 15% year-over-year increase in aggregate toll revenue for January 2026, reaching ₹750 Crs compared to ₹650 Crs in January 2025. This growth reflects strong traffic across its portfolio. The company also highlighted the commencement of toll collection on TOT-17 starting January 23, 2026, with collections aligning with expectations.

Toll Revenue Performance

IRB Infrastructure Developers and its InvITs have collectively announced a substantial 15% year-over-year growth in toll revenue for January 2026. The total toll revenue reached ₹750 Crs, significantly higher than the ₹650 Crs recorded in January 2025. This positive performance underscores the company’s strong position in the toll road infrastructure sector.

Key Highlights

The company has highlighted the commencement of toll collection for the TOT-17 project starting on January 23, 2026. Early collection trends for this project are reportedly in line with the company’s bid estimates, further contributing to the positive revenue outlook.

Individual Project Performance

Here’s a breakdown of toll revenue for key projects in January 2026 (in ₹ millions):

  • IRB MP Expressway Pvt Limited: 1,627 (vs. 1,552 in January 2025)
  • IRB Ahmedabad Vadodara Super Express Tollway Private Limited: 844 (vs. 699 in January 2025)
  • IRB Golconda Expressway Private Limited: 778 (vs. 678 in January 2025)
  • IRB Tumkur Chitradurga Tollway Limited: 419 (vs. 379 in January 2025)
  • IRB Lalitpur Tollway Private Limited: 394 (vs. 355 in January 2025)
  • CG Tollway Limited: 373 (vs. 331 in January 2025)
  • IRB Hapur Moradabad Tollway Limited: 305 (vs. 259 in January 2025)

Company Overview

IRB Group is a leading toll road concessionaire in India, possessing a substantial asset portfolio of 28 highways, approximately 17,500 operational lane kilometers, and an asset base of around ₹94,000 Crs spanning 13 states.

Source: BSE

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