Mumbai : IRB Infrastructure Developers Limited, India’s leading and the largest Multi-national Transport Infrastructure Developer in the Roads and Highways Sector, has reported Y-O-Y growth of 41% in Net Profits for the quarter under review from Rs.100Crs in Q2FY25 to Rs.141Crs in Q2FY26. Company’s total Income has gone up Y-O-Y by 3% from Rs.1,752 Crs in Q2FY25 to Rs. 1,800 Crs in Q2FY26.

The Company has also declared an Interim Dividend of 7% in a Board Meeting held today to announce the Financial Results for Q2FY26.

While commenting on the occasion, Mr. Virendra D. Mhaiskar, Chairman & Managing Director of the Company said, “The first half of the year, particularly Q2, continued to demonstrate strong momentum in toll revenue growth, despite a severe and extended monsoon period. We have also successfully completed the sale of three assets, in line with our B.E.S.T. (Bid, Execute, Stabilize, Transfer) strategy of efficient asset churn and sustainable growth without any dilution. This has enabled us to unlock approximately ₹5,000 crore of equity in the Private InvIT, positioning us to pursue further opportunities of around ₹15,000 crore in the sector. These developments keep us firmly on track to achieve an asset base of ₹1.4 trillion over the next three years.” He added, “This robust performance strengthens our confidence that growth will further accelerate in the coming quarters, supported by the ongoing pace of consolidation”.

Financial Performance:     

ParticularsQ2FY26 (In Rs Cr)Q2FY25 (In Rs Cr)% Change
Total Income1,8001,7523%
EBITDA9749334%
Profit Before Tax261267-2%
Profit After Tax 14110041%

Business Updates:

  1. Company sponsored two InvITs successfully closed the deal of assets switchover from IRB Infrastructure Trust (Private InvIT) to IRB InvIT Fund (Public InvIT); thus, unlocking the equity value of approx. Rs.5,000Crs, allowing Company to explore opportunities of around Rs.15,000Crs and keeping the Company on growth track to achieve Rs.1.4Tn asset base in next three years.
  2. During the quarter under review, the Toll Revenue registered Y-O-Y growth of around 11%, i.e., Rs.1,667Crs in Q2FY6 as against Rs.1,503Crs in Q2FY25.
  3. IRB Infrastructure Trust, the private InvIT JV of Company, received COD for Palsit Dankuni BOT allowing SPV to collect Toll fees at revised rate with 47% increase.  
  4. Company received the Provisional COD for its 8 Lane Gandeva Ena Expressway project, which is being implemented under the Hybrid Annuity Model, in the State of Gujarat, which parts Delhi Mumbai Greenfield Expressway; thus, enabling the Project SPV to receive the Bi-annual Annuity payment from NHAI for the Concession period of 15 years.