IRB Infrastructure shares surge over 2% as firm reports 12% rise in December toll revenue

The revenue collection stood at ₹675 crore in the same month last year, IRB said in a regulatory filing. The collection includes revenues from two of its InvITs, namely IRB InvIT Fund (Public InvIT) and IRB Infrastructure Trust (Private InvIT).

Of its total 24 assets, IRB MP Motorway in Maharashtra contributed the major share of ₹170.3 crore to the total revenue collection in December 2025, up from ₹163.4 crore in December 2024.

The contribution of the IRB Ahmedabad Vadodara Super Express Tollway rose to ₹84.1 crore in December 2025 from ₹70.7 crore a year ago, the second largest in the aggregate toll collection, the filing said.

With ₹78.8 crore, IRB Golconda Motorway (Hyderabad ORR) was the third largest contributor to the revenues in December 2025, up from ₹71.3 crore last year.

Amitabh Murarka, Deputy CEO of the IRB Infra, said, “The group witnessed strong and consistent traffic growth, driving robust toll revenue growth for the month of December 2025, supported by healthy GDP expansion.”

Furthermore, on January 6, IRB had bagged a toll-operate-transfer (TOT) project from NHAI in Odisha for an upfront consideration of ₹3,087 crore.

“This award places us on a fast track to building an asset portfolio of ₹1 lakh crore in the near future, the largest by any private toll road developer in India,” he stated.

IRB is India's leading and largest toll road infrastructure developer in the highways segment. It is the country's largest integrated private toll road and highway infrastructure developer, with an asset base of around ₹94,000 crore in 13 states.

IRB Infrastructure Developers' share price

At 11:25 AM, shares of IRB Infrastructure Developers were trading at ₹42.50 apiece on NSE, rising 0.4%.

In a month, shares of the firm have gained 1.2%, while for six months’ time, they have declined over 14%. On a year-on-year basis, IRB Infrastructure shares have declined 26%.

The company has a total market capitalisation of ₹25,629.52 crore, according to data from the NSE.

Shares of IRB Infra had touched their one-year high of ₹60.88 apiece on February 1, 2025, while their 52-week low of ₹40.51 was hit on September 26, 2025.