IRB Infra reports 13.7% YoY rise in Q4 net profit; FY25 profit surges on exceptional gains, while revenue sees modest annual growth and toll collections beat industry
IRB Infrastructure on Thursday posted a 10 per cent rise in its toll revenue to Rs 554 crore in April compared to Rs 503 crore in the same month last year. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 150.7 crore to the total revenue collection in April, up from Rs 140.7 crore contribution in April 2024, IRB said in an exchange filing. Contribution of IRB Ahmedabad Vadodara Super Express Tollway rose to Rs 65.4 crore from Rs 59.2 crore in 2024, it said. With Rs 32.7 crore, CG Tollway (Chittorgarh to Gulabpura NH 79) was the third largest contributor to the revenues in April, up from Rs 29.7 crore last year. Udaipur Tollway Limited collected Rs 27.2 crore toll revenue higher from Rs 25.5 crore a year ago. Amitabh Murarka, Deputy CEO of the company said, "We concluded FY25 with robust momentum, which continued into April 2025, as reflected in 10 per cent y-o-y growth in toll revenues. Given the overall performance of the Indian economy and the .
IRB Infrastructure has posted 23 per cent year-on rise in its toll revenue to Rs 6,360 crore for financial year 2024-25. Revenue from the toll collection business stood at Rs 5,169 crore in the preceding 2023-24 fiscal year, IRB said in an exchange filing on Tuesday. In March, revenue from toll was at Rs 557 crore, a rise of 16 per cent over Rs 481 crore in the same month last year. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 1,754.4 crore to the total revenue collection in FY25, followed by IRB Ahmedabad Vadodara Super Express Tollway, which contributed Rs 762.1 crore, it said. With Rs 376.1 crore, CG Tollway (Chittorgarh to Gulabpura NH 79) was the third-largest contributor to the revenues in FY25. In March, the share of IRB MP Expressway was Rs 153.6 crore, IRB Ahmedabad Vadodara Super Express Tollway Rs 65.5 crore and CG Tollway (Chittorgarh to Gulabpura NH 79) Rs 33.4 crore. Amitabh Murarka, Deputy CEO of the company said, "We report a
The rise in IRB Infrastructure share price came on the back of healthy toll revenue collection in March 2025, as against March 2024.
IRB Infra share price: Investors, however, booked profit in the stock at higher levels, erasing all the gains for the day. IRB Infra stock fell 4 per cent from the day's high to hit a low of Rs 44.14
IRB Infrastructure on Monday posted a 20 per cent year-on-year rise in toll revenue to Rs 559.7 crore in January. Revenues from the toll collection business stood at Rs 466.8 crore in the same month last year, IRB said in an exchange filing. Of its 17 tolls, the IRB MP Expressway in Maharashtra contributed the major share of Rs 155.2 crore to the total revenue collection in January, followed by IRB Ahmedabad-Vadodara Super Express Tollway, which contributed Rs 69.9 crore, it said. The company collected Rs 33.1 crore in toll revenue from CG Tollway (Chittorgarh to Gulabpura, NH 79). Amitabh Murarka, Dy CEO of the company, said, "We continued strong growth in January... This momentum is expected to continue, driven by recent Budget allocations aimed at boosting consumption and tourism while enhancing transportation infrastructure, which, in turn, will increase traffic on our assets in 12 states." IRB is India's first integrated infrastructure player in the highways segment. It is t
IRB Infra's total revenue from operations stood at Rs 2,025.44 crore, up 2.9 per cent year-on-year (Y-o-Y), as compared to Rs 1,968.53 crore.
IRB Infrastructure Developers Ltd (IRB) on Friday said it has reported an 18.7 per cent rise in profit after tax to Rs 222 crore in the December quarter. It had posted a profit after tax "PAT, excluding exceptional gains" of Rs 187 crore in the year-ago period, the company said in a statement. The company's PAT, including exceptional items, jumped manifold to Rs 6,026 crore against Rs 187 crore in the October-December period of the preceding 2023-24 financial year. Its total income rose to Rs 2,090 crore over Rs 2,077 crore a year ago. The company's board has also declared a third interim dividend of Re 1 totalling Rs 60.3 crore in the third quarter of FY25. This brings the total dividend for the first nine months of FY25 to Rs 181.1 crore. During the quarter under review, the company witnessed a 21 per cent rise in aggregate toll collection to Rs 1,655 crore compared to Rs 1,373 crore in Q3FY24. Its company Chairman and Managing Director Virendra D Mhaiskar said, "Our asset port
The uptick in IRB Infrastructure share price came on the back of strong toll revenue collection in November 2024
IRB Infrastructure has posted a 21 per cent rise in its toll revenue to Rs 539.6 crore in October. Revenues from the toll collection business stood at Rs 447.8 crore a year ago, IRB said in an exchange filing on Thursday. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of Rs 142.6 crore to the total revenue collection, followed by IRB Ahmedabad Vadodara Super Express Tollway, which contributed Rs 66.2 crore, it said. The company collected Rs 32.7 crore in toll revenue from CG Tollway (Chittorgarh to Gulabpura NH 79). "Following a good first half in FY25, the third quarter has begun on a strong footing, marked by robust toll collection growth in October 2023. We expect this positive trend to continue, driven by the festive season and increased holiday travel," Amitabh Murarka, Deputy CEO of IRB Infrastructure, said. IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads a
Shares of IRB Infrastructure Developers plummeted 3.64 per cent at Rs 52.05 a piece on the BSE
IRB Infrastructure Developers on Wednesday reported 4 per cent rise in consolidated net profit at Rs 99.86 crore for September quarter FY25. The company had clocked a net profit of Rs 95.74 crore in the year-ago period, it said in a regulatory filing. Total income during the second quarter of the current fiscal declined to Rs 1,751.16 crore from Rs 1,874.50 crore a year ago. The company said its toll collection in Q2FY25 rose 25 per cent (including projects under Private InvIT). "The Q2FY25 looks fine, specifically on the toll collection front, which has shown consistent robust year-on-year growth, despite impact of heavy monsoon resulting into traffic disruptions in some of the assets." "We expect improved performance in the remaining quarters in view of the exit of monsoon season, coupled with set-in festive season and the pace consolidation in the development of under construction projects post monsoon season," IRB Infrastructure Developers Chairman & Managing Director ...
As per the company's stock exchange filing, the amount is to be raised 'to meet the company's financial requirements'
The uptick in IRB Infrastructure Developers share came on the back of strong toll revenue collection in September 2024.
The August 2024 toll revenue grew over 20 per cent year-on-year to Rs 503 crore, from Rs 417 crore in August 2023.
IRB Infrastructures Developers Ltd on Friday posted around 5 per cent rise in consolidated profit after tax to Rs 140 crore during June quarter on account of higher income. It had reported a profit after tax (PAT) of Rs 134 crore in the April-June quarter of preceding 2023-24 financial year, the company said in an exchange filing. The company's total income rose to Rs 1,972 crore in the reporting quarter from Rs 1,745 crore in the year-ago period, registering an increase of 13 per cent. In a separate statement, Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Limited, said, "It is a promising start for FY25 with the continued robust momentum in toll collection, especially with the newly added assets to our portfolio." The company looks forward for further growth with the government's continued focus on PPP (public private partnerships) projects and several upcoming opportunities in the sector. The company's toll collection for Q1FY25 was at Rs ...
The uptick in the stock price came after the company announced a strong set of June toll revenue collections
Reports suggested Cintra, a toll road subsidiary of the Dutch major Ferrovial, was looking to sell up to 5 per cent stake in IRB Infrastructire Developer
Stocks to Watch on Tuesday, June 11, 2024: Domino's, a franchise of Jubilant FoodWorks, opened its 2000th store in the country on Monday
The uptick in share price came on the back of strong toll revenue collection in May 2024