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.
Dividend stocks today: Here is the complete list of stocks that will remain in focus today as they trade ex-dividend on August 29, along with their respective dividend announcements and record dates:
The acquisition of three SPVs will expand IRB's O&M order book by Rs 3,100 crore and is part of a broader asset transfer strategy between its private and public InvIT platformsnn
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 ...