IRB Infrastructure Developers reported a 41% year-over-year increase in net profit for Q2FY26, reaching ₹141 Crs, and declared an interim dividend of 7%. Total income rose by 3% to ₹1,800 Crs. The company successfully unlocked equity value by completing the sale of assets to InvITs, and is well-positioned to pursue further opportunities. Management remains confident in accelerating growth and achieving an asset base of ₹1.4 trillion over the next three years.
Financial Highlights for Q2FY26
IRB Infrastructure Developers announced a strong financial performance for the second quarter of fiscal year 2026:
- Net Profit: Increased by 41% year-over-year, from ₹100 Crs in Q2FY25 to ₹141 Crs in Q2FY26.
- Total Income: Up by 3% year-over-year, reaching ₹1,800 Crs, compared to ₹1,752 Crs in the previous year.
- Interim Dividend: Declared an interim dividend of 7%.
Strategic Developments
The company successfully completed the sale of three assets, unlocking approximately ₹5,000 crore of equity in the Private InvIT.
Segmental Performance
BOT/TOT Projects: Segment revenue stood at ₹6,274.64 million for Q2FY26.
InvITs & Related Assets: Segment revenue reached ₹3,034.11 million for the same period.
Construction: Segment revenue was reported as ₹8,155.11 million for Q2FY26.
Operational Updates
- Toll Revenue: Registered a year-over-year growth of approximately 11%, amounting to ₹1,667 Crs in Q2FY26.
- Palsit Dankuni BOT Project: Received Commercial Operation Date (COD), allowing toll fee collection at a revised rate with a 47% increase.
- Gandeva Ena Expressway Project: Received Provisional COD for the 8-lane project, enabling bi-annual annuity payments from NHAI.
Source: BSE
