IRB Group Clocks 26% YoY Rise in Monthly Toll Revenue to ₹798 Crore for July 2026

Highway infrastructure developer IRB Infrastructure Developers Limited (BSE: 532947 | NSE: IRB) has announced its toll revenue collections for the month of July 2026, recording an aggregate gross toll collection of ₹7,977 million (₹798 crore). This represents a year-on-year (YoY) growth of approximately 26% compared to ₹6,329 million (₹633 crore) collected in July 2025.

Entity-Wise Toll Collection Performance

The monthly toll revenue across the group's subsidiaries and InvIT structures highlights steady growth across major highway corridors:

Wholly-Owned Subsidiaries:

IRB MP Expressway Pvt Ltd (Mumbai-Pune Expressway & NH4): Generated ₹1,577 million in July 2026 compared to ₹1,476 million in July 2025.

IRB Ahmedabad Vadodara Super Express Tollway Pvt Ltd (NE1 & NH48): Collected ₹763 million against ₹675 million in the prior-year period.

Private InvIT Assets (IRB Infrastructure Trust):

IRB Golconda Expressway Pvt Ltd (Hyderabad Outer Ring Road): Recorded ₹858 million, up from ₹709 million in July 2025.

IRB Lalitpur Tollway Pvt Ltd (TOT 12): Collected ₹446 million compared to ₹346 million in July 2025.

New Project SPVs: Key additions including IRB Harihara Corridors Tollway (TOT 17, commenced Jan 2026) contributed ₹514 million, IRB Chandibhadra Tollway (TOT 18, commenced Apr 2026) added ₹204 million, and Meerut Budaun Expressway (Ganga Expressway, commenced May 2026) contributed ₹121 million.

Other Major Corridors: CG Tollway (₹350 million), Udaipur Tollway (₹291 million), Yedeshi Aurangabad Tollway (₹248 million), and Palsit Dankuni Tollway (₹224 million).

Public InvIT Assets (IRB InvIT Fund):

IRB Tumkur Chitradurga Tollway: Generated ₹380 million compared to ₹352 million in July 2025.

IRB Hapur Moradabad Tollway: Collected ₹300 million against ₹230 million in the year-ago period.

Other Assets: Kishangarh Gulabpura Tollway (₹229 million), IRB Jaipur Deoli Tollway (₹180 million), M.V.R. Infrastructure & Tollways (₹156 million), and IRB Pathankot Amritsar Toll Road (₹138 million).

Leadership Commentary

Commenting on the monthly performance, Shri Amitabh Murarka, Deputy CEO of IRB Infrastructure Developers Limited, stated that the top-line traction reflects strong traffic growth across expanded asset portfolios, the integration of new Build-Operate-Transfer (BOT) and Toll-Operate-Transfer (TOT) assets, and annual tariff revisions. He reaffirmed the group's strategy of disciplined capital allocation and target expansion to an asset base of approximately ₹1,400 billion by FY2029.

Source : Equity Bulls

Keywords

IRBInfrastructureDevelopers TollRevenue July2026