According to the filing, toll revenue for IRB Infrastructure Developers and its two InvITs (IRB Infrastructure Trust and IRB InvIT Fund) rose 16 per cent Y-o-Y in November 2025, reaching ₹716 crore
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IRB Infrastructure on Monday said its board has approved the sale of its Gandeva Ena (VM7) hybrid annuity model project, which forms part of the upcoming Delhi Mumbai Greenfield Expressway Project, to IRB InvIT Fund for Rs 513 crore. IRB Infrastructure, in a statement, said it will receive Rs 513 crore as 100 per cent equity consideration from the IRB InvIT Fund upon completion of the transfer, and the project debt will also be transferred. Consequently, IRB's consolidated net debt-to-equity ratio will see a meaningful improvement, it added. According to the statement, the Company has also agreed to be the project manager of VM7 Project, post transfer to Public InvIT. The Gandeva Ena HAM Project is an eight-laning revenue-generating stretch in the State of Gujarat under NHAI's Package-VII of India's ambitious Bharatmala Pariyojana, which is being managed by VM7 Expressway Private Limited, a wholly-owned subsidiary of the Company, under a concession awarded by the National Highways
IRB Infra moves to transfer its ₹1,702-crore Gandeva Ena HAM project to IRB InvIT, aligning with its BEST strategy to unlock capital and support future growth
The buying on the counter came after IRB Infrastructure Trust, the Private InvIT sponsored by IRB Infrastructure Developers, received a LoA from the National Highways Authority of India
The infrastructure firm's Q2 FY26 profit rose to Rs 140 crore as toll revenues grew 11% and InvIT-related gains boosted total income
India's first listed infrastructure investment trust to use funds for acquiring three BOT highway assets, nearly doubling portfolio value to ₹16,000 crore
Around 11:30 AM, IRB Infrastructure shares were trading 1.28 per cent higher at ₹42.80 per share. In comparison, BSE Sensex was trading 0.31 per cent higher at 81,035.93 levels.
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IRB Infrastructure Developers and its InvIT report an 8% YoY growth in toll revenue, reaching Rs 1,680 crore in Q1 FY26 despite the early onset of the monsoon