IRB Infrastructure on Monday reported a year-on-year growth of nearly 9% in its toll revenue to ₹581 crore in May 2025. Revenue from toll collection business stood at ₹536 crore in the same month last year, IRB said in an exchange filing. Of its 17 tolls, IRB MP Expressway in Maharashtra contributed the major share of ₹159.5 crore to the total revenue collection in April, up from a contribution of ₹152.6 crore in May 2024.
With ₹73 crore, IRB Golconda Expressway (Hyderabad ORR) was the second-largest contributor to revenue in May 2025, up from ₹62.7 crore last year. IRB Ahmedabad Vadodara Super Express Tollway’s contribution increased to ₹68.7 crore from ₹64.5 crore in May 2024, making it the third-largest contributor to the total toll collection. Last year, the company added TOT-12 project Lalitpur Lakhnadon NH44 and collected ₹37.5 crore in toll revenue, up from ₹35.5 crore a year ago.
Its deputy CEO Amitabh Murarka said, “The 9% growth in toll revenue on a year-on-year basis can be attributed mainly to the holiday season across the country. Though pre-monsoon rains caused some marginal impact on traffic volumes during the latter part of the month, overall momentum remains strong.” This sustained growth is encouraging and is expected to continue in the coming months, supported by the addition of around 4.5 lakh new commercial and passenger vehicles across India in May 2025 and the completion of some ongoing projects in our portfolio, he added.
IRB is India’s first integrated infrastructure company in the highways segment.
It is the country’s largest integrated private toll road and highway infrastructure developer with assets worth over ₹80,000 crore across 12 states.
Share Price Details
On Monday, shares of IRB Infrastructure closed 2.96% higher at ₹53.18 per share on the National Stock Exchange.
In the last five trading days, shares of IRB Infrastructure gained nearly 3%, while in a period of one month, the stock gained 18%.
From December 9, 2024, which is six months, the shares of the firm have declined 10.5%.
Shares of IRB Infrastructure have declined over 10% so far this year. The market capitalisation of the company is ₹32,115.40 crore. The company’s shares hit its one-year high of ₹ 78.15 per share on June 7, 2024, while its 52-week low was ₹ 40.96 per share on April 7, 2025.
