IRB Infrastructure Developers has reported a strong financial performance for the quarter and year ended March 31, 2026. The company achieved a 38% year-on-year growth in net profit for Q4FY26, while FY26 profit (before exceptional items) rose by 32%. The Board also approved in-principle material related party arrangements for O&M works across several project SPVs, with an aggregate estimated value of up to INR 23,012.24 crore including GST.
Financial Highlights for FY26
For the full financial year 2025-26, IRB Infrastructure Developers demonstrated robust performance, with net profit before exceptional items reaching INR 893 crore, representing a 32% increase over the previous year. The company’s total income for FY26 stood at INR 7,854 crore. The toll revenue for the group also witnessed healthy growth, reaching INR 8,323 crore, a 12% rise compared to FY25, reflecting the company’s increasing scale and operational efficiency.
Dividend Declaration
Reflecting confidence in the company’s financial health and sustained cash flows, the Board of Directors has declared a 4th interim dividend of 5%. Shareholders will receive Re. 0.05 per equity share on a face value of Re. 1/- each. The company has set May 26, 2026, as the record date, with payments to be processed on or before June 18, 2026.
Strategic Project Management Expansion
The Board has granted in-principle approval for material related party arrangements to continue providing operation and maintenance (O&M) services as the project manager for a series of 12 project SPVs under the IRB Infrastructure Trust. This extension covers projects including, among others, the AE Tollway, Solapur Yedeshi Tollway, and Udaipur Tollway. This arrangement is set to be executed on an arm’s length basis, with an aggregate estimated value reaching approximately INR 23,012.24 crore (including 18% GST), ensuring stable, long-term operational revenue for the company.
Operational Milestones
The company continues to solidify its position as a leading toll road developer. Notably, the Ganga Expressway Group 1 (Meerut Budaun Expressway) project was completed within its 36-month schedule and inaugurated in April 2026. With the commencement of tolling on this asset in May 2026, all highway projects within the IRB group are now fully revenue-generating, marking a significant milestone in the company’s operational history.
Source: BSE
