IRB Infrastructure Developers' toll revenue surges 22% to ₹746 crore in February

IRB Infrastructure Developers Ltd on Saturday (March 7) said the IRB Group reported toll revenue of ₹746 crore in February 2026, marking a year-on-year increase of around 22% from ₹614 crore recorded in February 2025. The group said the aggregate toll revenue across the three entities rose approximately 22% year-on-year during the month.

The toll collections include revenue generated by the group’s entities — IRB Infrastructure Developers Limited and its two sponsored InvITs, IRB Infrastructure Trust, a listed private InvIT, and IRB InvIT Fund, a listed public InvIT.

Of the total 24 toll assets, IRB MP Expressway in Maharashtra contributed the major share of ₹148.2 crore to the total revenue collection in February 2026, up from ₹140.9 crore a year ago. The newly added IRB Harihara Tollways (TOT 17) in Uttar Pradesh contributed its full month toll revenue of February 2026 at ₹

52.8 crore.

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Contribution of IRB Ahmedabad Vadodara Super Express Tollway rose to ₹79.7 crore in February 2026 from ₹63.9 crore a year ago, which is the second largest in the total toll collection. With ₹73.7 crore, IRB Golconda Expressway (Hyderabad ORR) was the third largest contributor to the total revenue in February 2026, up from ₹

65.2 crore last year.

IRB is India's leading and largest private toll roads and highways concessionaire with an asset base of around ₹94,000 crore in 13 states, with a 44% share in awarded TOT space (Toll-Operate-Transfer), and around 16% share in the Golden Quadrilateral Project.

Amitabh Murarka, Deputy CEO of IRB Infra, said, "Robust traffic growth across our assets and the corresponding rise in toll revenue, including the full-month contribution from the newly added IRB Harihara Corridor (TOT-17), are encouraging.

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Collection trends for TOT-17 are in line with our bid estimates. Toll collection growth has strengthened from about 15% last month to around 22% in the current month. With the likely commencement of tolling on another new TOT asset, we expect the upward momentum in toll revenues to continue in the coming months."

Shares of IRB Infrastructure Developers Ltd ended at ₹40.80, up by ₹0.42, or 1.04%, on the BSE.