IRB Infra reports double-digit growth in November toll revenue

IRB Infrastructure Developers Ltd and its sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund — reported a 16% year-on-year rise in aggregate toll revenue for November 2025, delivering another month of steady growth.

The three entities together collected ₹716 crore in November 2025, up from ₹618 crore in the same month last year.

Amitabh Murarka, Deputy CEO of IRB Infra, said the month saw robust toll collections, with growth improving sharply from 9% in October to 16% in November.

“Monthly

toll revenue continued its strong growth momentum in Q3FY26, supported by healthy GDP expansion. The year-end holiday traffic boost and sustained economic activity are expected to further support growth in the coming months,” he noted.

According to the company's exchange filing, from October 2025 onwards, IRB Infra began publishing consolidated toll revenue figures for both its own concessions and its sponsored InvITs. The change follows IRB’s ₹753-crore investment in the recent fundraise by the public InvIT, part of an asset rotation strategy under which three assets from the private InvIT were transferred to the public InvIT effective November 1, 2025.

Shares of IRB Infrastructure Developers Ltd ended marginally lower on Tuesday, December 9, by 0.53% at ₹41.67 on the NSE.

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