IRB Infrastructure Developers Limited has announced a substantial 26% year-over-year increase in its toll revenue for October 2026, reaching a total of ₹836 crore. This growth reflects strong traffic momentum across its diversified portfolio of highway assets spanning 13 Indian states. The company highlighted this performance, attributing it to sustained economic activity and increased travel during the festive season, expecting the positive trend to continue.
IRB Infrastructure Reports Robust October Toll Revenue Growth
IRB Infrastructure Developers Limited has reported a significant uptick in its toll revenue for the month of October 2026, marking a 26% increase compared to the same period in the previous year (October 2025). The total toll revenue for October 2026 stood at ₹836 crore, up from ₹664 crore in October 2025.
Key Factors Driving Growth
Shri Amitabh Murarka, Dy. CEO of IRB Infrastructure Developers Limited, commented on the strong performance, stating, “October 2026 recorded the highest month-on-month growth in toll revenue, reflecting strong traffic momentum across our diversified portfolio of highway assets spanning 13 Indian States. This performance underscores strength and resilience of our ₹94,000 crore asset portfolio, supported by sustained economic activity and increased travel during the ongoing festive and holiday season. We expect this positive momentum to continue, driving healthy traffic growth and improved toll revenues in the coming months.”
Project-Wise Toll Revenue Details (October 2026 vs. October 2025)
The company provided a detailed breakdown of toll revenue for its various projects and Special Purpose Vehicles (SPVs), highlighting year-on-year comparisons:
Wholly-owned Subsidiaries
- IRB MP Expressway Private Limited: ₹1,714 million (October 2026) vs. ₹1,520 million (October 2025)
- IRB Ahmedabad Vadodara Super Express Tollway Private Limited: ₹856 million (October 2026) vs. ₹729 million (October 2025)
- Udaipur Tollway Limited: ₹305 million (October 2026) vs. ₹277 million (October 2025)
- Palsit Dankuni Tollway Private Limited: ₹232 million (October 2026) vs. ₹198 million (October 2025)
- AE Tollway Limited: ₹249 million (October 2026) vs. ₹245 million (October 2025)
- Yedeshi Aurangabad Tollway Limited: ₹238 million (October 2026) vs. ₹261 million (October 2025)
- IRB Westcoast Tollway Limited: ₹150 million (October 2026) vs. ₹124 million (October 2025)
- IRB Golconda Expressway Private Limited: ₹863 million (October 2026) vs. ₹738 million (October 2025)
- Samakhiyali Tollway Private Limited: ₹123 million (October 2026) vs. ₹120 million (October 2025)
- IRB Lalitpur Tollway Private Limited: ₹451 million (October 2026) vs. ₹360 million (October 2025)
- IRB Kota Tollway Private Limited: ₹67 million (October 2026) vs. ₹54 million (October 2025)
- IRB Gwalior Tollway Private Limited: ₹136 million (October 2026) vs. ₹108 million (October 2025)
Entities under IRB Infrastructure Trust (Pvt. InvIT)
- IRB Harihara Corridors Private Limited: ₹564 million (October 2026) – No prior period data shown
- IRB Chandibhadra Tollway Private Limited: ₹227 million (October 2026) – No prior period data shown
- Meerut Budaun Expressway Limited: ₹178 million (October 2026) – No prior period data shown
- IRB Tumkur Chitradurga Tollway Limited: ₹403 million (October 2026) vs. ₹358 million (October 2025)
- IRB Pathankot Amritsar Toll Road Limited: ₹154 million (October 2026) vs. ₹149 million (October 2025)
- IRB Jaipur Deoli Tollway Limited: ₹182 million (October 2026) vs. ₹159 million (October 2025)
- IRB Talegaon Amaravati Tollway Limited: ₹83 million (October 2026) vs. ₹77 million (October 2025)
- IRB Hapur Moradabad Tollway Limited: ₹338 million (October 2026) vs. ₹337 million (October 2025)
- Kaithal Tollway Limited: ₹134 million (October 2026) vs. ₹123 million (October 2025)
- Kishangarh Gulabpura Tollway Limited: ₹234 million (October 2026) vs. ₹231 million (October 2025)
- Solapur Yedeshi Tollway Limited: ₹121 million (October 2026) vs. ₹128 million (October 2025)
- CG Tollway Limited: ₹354 million (October 2026) vs. ₹339 million (October 2025)
IRB InvIT Fund (Public InvIT)
The aggregate toll revenue for the total assets under the IRB InvIT Fund for October 2026 was ₹8,356 million, compared to ₹6,635 million in October 2025. This represents a significant increase of approximately 26% on a year-over-year basis.
Notes on Project SPVs:
- The ‘#’ symbol indicates project SPVs that received their Appointed Date and commenced toll collection from 23rd January 2026.
- The ‘##’ symbol indicates project SPVs that received their Appointed Date and commenced toll collection from 1st April 2026.
- The ‘###’ symbol indicates project SPVs whose toll collection commenced from 17th May 2026.
- Assets marked with ‘*’ were acquired on 1st November 2025, with prior period numbers presented for comparison.
- Assets marked with ” were acquired on 30th September 2026, with prior period numbers presented for comparison.
Source: BSE
