IRB Infrastructure Developers Limited has reported a strong start to FY27, with total toll revenue for April 2026 rising by 24% year-on-year. The group, encompassing the parent company and two sponsored investment trusts, recorded a total toll collection of Rs 7,935 million, compared to Rs 6,418 million in the same period last year, driven by robust traffic growth, new project additions, and periodic tariff revisions.
Financial Performance Highlights
The IRB Group has demonstrated significant growth in the first month of the new financial year. The company’s total toll collection reached Rs 7,935 million in April 2026, reflecting a steady upward trajectory in revenue. Leadership attributed this success to resilient underlying traffic trends, the strategic addition of new highway projects to the portfolio, and successful tariff revisions across various assets.
Breakdown of Toll Collection
The revenue growth was distributed across the group’s diverse asset portfolio, which includes wholly-owned subsidiaries, private InvIT assets, and public InvIT projects. Notable contributors include:
- IRB MP Expressway Pvt Limited: Reported Rs 1,570 million.
- IRB Golconda Expressway Private Limited: Reported Rs 790 million.
- IRB Ahmedabad Vadodara Super Express Tollway: Reported Rs 787 million.
- IRB Harihara Corridors Private Limited: Contributed Rs 572 million, following the commencement of toll collection in January 2026.
Strategic Outlook
Commenting on the results, Amitabh Murarka, Dy. CEO, emphasized the company’s commitment to maintaining this healthy momentum. With a portfolio of 28 highway assets and approximately 17,500 operational lane kilometers, the IRB Group continues to hold a dominant position as India’s largest toll road concessionaire. The company remains confident in sustaining this growth, bolstered by the overall resilience of the Indian economy and continued operational efficiency across its highway network.
Source: BSE