IRB Infrastructure Sees 20% Rise in Toll Revenue to Rs 560 Crore in January
IRB Infrastructure has posted an impressive 20% year-on-year growth in toll revenue, reaching Rs 559.7 crore in January 2025, compared to Rs 466.8 crore during the same month in the previous year. The rise in toll revenue highlights the continued strong performance of the company’s extensive toll road network across India.
In an exchange filing, IRB attributed the growth to robust traffic movement and higher toll collection at its key projects. The company operates a total of 17 tolls, with its Maharashtra-based IRB MP Expressway making the largest contribution to the revenue. The expressway contributed a significant Rs 155.2 crore, followed by the IRB Ahmedabad-Vadodara Super Express Tollway with Rs 69.9 crore in toll receipts. Additionally, the company’s CG Tollway, spanning Chittorgarh to Gulabpura on NH 79, saw a toll collection of Rs 33.1 crore, further supporting the overall revenue increase. Amitabh Murarka, Deputy CEO of IRB Infrastructure, expressed confidence that the growth momentum would continue, driven by the government’s budgetary allocations to boost consumption, tourism, and infrastructure development. The increased focus on enhancing transportation infrastructure is expected to result in more traffic on IRB’s toll roads in the coming months.
“The recent Budget allocations aimed at boosting consumption and tourism will further enhance transportation infrastructure. This, in turn, is expected to increase traffic on our assets across 12 states, contributing to sustained growth,” Murarka said. IRB Infrastructure is a key player in India’s highway development sector, being the country’s largest integrated private toll roads and highways infrastructure developer. With an asset base of over Rs 80,000 crore across 12 states, IRB continues to dominate the toll infrastructure market, supporting both state and national economic growth by improving connectivity across regions. The company’s strong performance is also a reflection of India’s growing demand for enhanced road infrastructure, particularly in the face of rising economic activity, increased trade, and growing tourism.
Looking ahead, IRB Infrastructure plans to expand its operations and investments in new projects that align with the government’s infrastructure goals. As India’s transportation sector continues to develop and modernise, the company is well-positioned to benefit from the increased traffic on its highways and tolls. The overall positive market sentiment towards the infrastructure sector, combined with the expected increase in road traffic, points to a continued upward trend in IRB’s toll revenue for the coming months. This growth not only strengthens IRB’s financial position but also enhances its ability to invest in more infrastructure projects, thereby supporting the country’s development agenda.
