IRB Infra Share Price in Focus as Toll Revenues Rise 9% YoY in May 2025

IRB Infrastructure Developers Ltd traded marginally higher on June 10, 2025, gaining 0.51% to close at ₹53.42 at 9:30 AM on the NSE. The stock opened at ₹54.38, which also marked its intraday high, before slipping to a low of ₹53.16.

The volume-weighted average price (VWAP) stood at ₹53.59. Despite the modest uptick, the stock continues to trade well below its 52-week high of ₹75.95 and remains above its 52-week low of ₹41.01, indicating a stable yet cautious sentiment among investors amid recent business updates.

IRB Infra Maintains Growth Momentum in FY26

Mumbai, June 9, 2025 – India’s largest integrated transport infrastructure developer, IRB Infrastructure Developers Ltd, along with its associate entity, IRB Infrastructure Trust, has continued its strong performance into the second month of FY26. Together, the two entities reported a consolidated toll revenue of ₹581 crore in May 2025 — a 9% increase from ₹536 crore in May 2024.

This steady year-on-year (YoY) growth builds on the positive start to FY26 and highlights the resilient performance of IRB’s toll portfolio, which spans multiple national and state highway projects across the country.

Vacation Season and Vehicle Addition Fuel Growth

The 9% revenue increase is largely attributed to higher vehicular traffic during the summer vacation season, which traditionally sees a surge in passenger movement across regions. Despite some disruptions due to pre-monsoon showers in the latter part of the month, traffic volumes remained strong throughout May.

Shri Amitabh Murarka, Deputy CEO of IRB Infrastructure Developers Ltd, noted,

“The Y-o-Y Toll Revenue growth of 9% in the second month of FY26 can be primarily attributed to the vacation season across the country. While pre-monsoon rains did have some minor impact on traffic volumes during the latter half of the month, the overall momentum remains strong.”

Adding further to the optimism, he highlighted that the registration of approximately 4.5 lakh new commercial and passenger vehicles across India in May 2025 has contributed positively to toll revenues. Moreover, IRB Infra anticipates further upside from the expected completion of several ongoing infrastructure projects in the coming months.

About IRB Infra Developers and IRB Infrastructure Trust

IRB Infrastructure Developers Ltd is a leading transport infrastructure developer with a diverse portfolio of BOT (Build-Operate-Transfer) and HAM (Hybrid Annuity Model) projects. The IRB Infrastructure Trust is India’s largest listed Infrastructure Investment Trust, housing several revenue-generating toll road assets.

Together, the entities play a pivotal role in enhancing connectivity and mobility across India, while also generating consistent revenues backed by stable traffic trends.

Read More: IRB Infra Shares in Focus on June 3; Know What the Recent Highway Asset Transfer Means for the Company.

Conclusion

With a strong 9% YoY growth in May toll collections, IRB Infra and its InvIT Trust have demonstrated consistent operational resilience. Continued growth in vehicular registrations and completion of new highway stretches are likely to support sustained revenue momentum in the coming quarters. Investors and stakeholders will be closely watching the company’s execution progress and upcoming project deliveries as FY26 unfolds.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.