IRB Infrastructure September Toll Collections Rise 11% to ₹557 Crore YoY; Share Price in Focus

IRB Infrastructure Developers Ltd. reported toll collections of ₹556.7 crore in September 2025, up 11% from ₹501.8 crore in September 2024. The company operates 17 toll projects across India and shared the data in an exchange filing.

Key Revenue Contributors

As per the exchange filings, the highest share came from the IRB MP Expressway in Maharashtra, which collected ₹138.6 crore in September 2025 compared with ₹136.8 crore last year. The Golconda Expressway (Hyderabad Outer Ring Road) was the second-largest contributor at ₹70.4 crore, higher than ₹60.7 crore in the same month last year.

The Ahmedabad-Vadodara Super Express Tollway followed with ₹67.5 crore in collections during September 2025, up from ₹58.4 crore in September 2024.

Contribution from New Projects

The Lalitpur-Lakhnadon NH44 project, which was added to the company’s portfolio in 2024, collected ₹37.2 crore in September 2025. In the same period last year, it had reported ₹34.6 crore in toll revenue.

Leadership Comments

As per the exchange filings, Shri Amitabh Murarka, Deputy Chief Executive Officer of IRB Infrastructure Developers Limited, said, “Despite the extended monsoon impacting traffic, September 2025 toll revenue rose by 11%, showing notable resilience. The GST reform, announced in August and implemented in late September, caused temporary softness in goods movement, slightly moderating the upside. Looking forward, the onset festive season, coupled with the GST 2.0 implementation, bringing a surge in economic activities, are expected to maintain sustained toll revenue growth in the coming months.”

About IRB Infrastructure Developers

IRB Infrastructure is the largest private toll roads and highways developer in India. It has an asset base of more than ₹80,000 crore across 12 states, covering both operational and under-construction road projects.

Read More: Change in Toll Payments: Check How Much You Will Have to Pay Without FASTag!

IRB Infrastructure Share Price Performance

As of October 08, 2025, 09:30 AM, IRB Infrastructure Developers share price was trading at ₹42.15, a 1.59% increase from the previous closing price.

Conclusion

In September 2025, IRB Infra recorded an 11% rise in toll revenue, with key contributions from its expressway projects in Maharashtra, Hyderabad, and Gujarat, along with inflows from newer routes such as NH44.

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