IRB Infrastructure Developers Limited reported a stellar 32% year-on-year growth in net profit for the fiscal year ended March 31, 2026. The company declared a 4th interim dividend of 5% (Re. 0.05 per share) and secured in-principle approval for material related party arrangements for O&M works, valued at approximately INR 23,012.24 crore including taxes. These strategic moves bolster the company’s position as an integrated infrastructure developer and asset manager.
Fiscal Year 2026 Financial Highlights
For the fiscal year ended March 31, 2026, IRB Infrastructure Developers Limited demonstrated strong financial performance. The company reported a net profit of Rs. 893 crore before exceptional items, representing a 32% increase compared to the previous year. Toll revenue for the group also saw a 12% year-on-year growth, reaching Rs. 8,323 crore, which accounts for approximately 10% of India’s aggregate toll revenue for the year.
Dividend Declaration
Following its robust financial results, the Board of Directors has declared a 4th interim dividend of 5% for the financial year 2025-26. This equates to Re. 0.05 per equity share with a face value of Re. 1. The record date for this dividend is set for May 26, 2026, and payments are scheduled to be made to eligible shareholders on or before June 18, 2026.
Strategic Infrastructure Operations
The Board has granted in-principle approval for material related party arrangements to provide Operation and Maintenance (O&M) works for twelve project SPVs under the IRB Infrastructure Trust. These agreements are essential for the continued management of various tollway projects, including the Udaipur Tollway Limited and IRB Golconda Expressway Private Limited, among others. The aggregate estimated value for these arrangements is up to INR 19,501.90 crore, or approximately INR 23,012.24 crore when factoring in 18% GST.
Operational Milestones
The company highlighted the successful completion of major projects, most notably the Ganga Expressway Group 1 (Meerut-Budaun Expressway), which was completed within the scheduled 36-month timeline. Following its inauguration on April 29, 2026, and the commencement of tolling on May 17, 2026, all highway assets under the IRB group are now fully revenue-generating, marking a significant milestone in the company’s history.
Source: BSE
