IRB Infra Developers shares rally 8% as toll revenue increases in August; here’s what investors need to know

The firm’s toll revenue in August 2025 was ₹646 crore, IRB Group said in a regulatory filing.

The revenue performance reflects sustained traffic growth across the group’s assets, along with the impact of the tariff revision implemented at the beginning of FY27.

IRB MP Expressway, which comprises the Mumbai-Pune Expressway and Old Mumbai-Pune Highway (NH4), contributed the highest toll revenue of ₹172 crore to the total collection in August 2026, up from ₹145 crore a year ago.

IRB Golconda Expressway, comprising Hyderabad Outer Ring Road, was the second largest contributor with toll revenue of ₹88 crore in August 2026, up from ₹74 crore a year ago.

IRB Ahmedabad Vadodara Super Express Tollway contributed ₹80 crore in August 2026 compared to ₹69 crore in the year-ago period.

Amitabh Murarka, Deputy CEO, IRB Infrastructure Developers Limited said, “Our strong toll revenue performance in August 2026 reflects the sustained traffic growth across our assets. The traffic growth, coupled with the tariff revision implemented at the beginning of FY27, has further supported our revenue performance.”

The company remains well positioned to deliver stronger toll revenue growth in the coming months, further strengthening our overall growth momentum, he said

IRB Infra Developers share price trends

At 11:14 AM, IRB Infra Developers shares were trading at ₹19.61 apiece on the National Stock Exchange, surging 2.83%.

From the beginning of the year, IRB Infra Developers shares have declined 7%. Over a month’s time, the stock has advanced 0.5%.

Shares of the firm had hit a 52-week high of ₹23.95 on May 21, 2026, and a 52-week low of ₹18.76 on August 25, 2026.

According to NSE data, as of September 10, 2026, IRB Infra Developers has a total market capitalisation of ₹23,697.04 crore.

IRB Group is India’s leading and largest integrated infrastructure assets platform in the roads and highways sector, with a current portfolio of 28 revenue-generating highway assets aggregating to around ₹94,000 crore across 13 Indian states.