IRB Infrastructure Developers Group reported a 25% year-on-year increase in toll revenue for May 2026, reaching ₹843Cr compared to ₹672Cr in the corresponding period of the previous year. The consolidated toll revenue for the group stood at ₹8,427 million in May 2026, up from ₹6,725 million in May 2025. The growth was driven by robust traffic expansion across existing projects and the contribution from newly operational assets. The group comprises IRB Infrastructure Developers and its two sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund.

Amitabh Murarka, Dy. CEO of IRB Infrastructure Developers Limited, attributed the performance to strong economic fundamentals despite inflationary pressures and geopolitical unrest, highlighting the support from tolling commencement on newly operational assets as a key factor.

Project-wise Revenue Breakdown

The revenue was generated across 25 project entities, including wholly-owned subsidiaries and assets held under the private and public InvITs. IRB MP Expressway Pvt Limited contributed the highest revenue at ₹1,762 million, followed by IRB Ahmedabad Vadodara Super Express Tollway Private Limited at ₹838 million. The following table presents the detailed project-wise performance:

New Operational Assets

Several projects commenced toll operations during the current financial year, contributing to the revenue growth. IRB Harihara Corridors Tollway Private Limited and IRB Chandibhadra Tollway Limited received the appointed date from NHAI and began toll collection in January and April 2026, respectively. Meerut Budaun Expressway Limited commenced tolling on May 17, 2026. Additionally, assets acquired on November 1, 2025 — including Kaithal Tollway Limited, Kishangarh Gulabpura Tollway Limited, and IRB Hapur Moradabad Tollway Limited — are presented for comparison purposes.

Strategic Outlook

The IRB Group currently manages a portfolio of 28 revenue-generating highway assets with an enterprise value of approximately ₹940 billion across 13 states. The group has transitioned into a cash-harvesting phase, supported by its InvIT monetization strategy. Management expressed confidence in sustaining the growth momentum in the coming months, citing a weighted average residual concession life of approximately 21 years.

IRB Infrastructure Developers Limited has scheduled a virtual investor conference for June 10, 2026, to engage with analysts and institutional investors. The meeting will be hosted by Choice Institutional Equities, providing a platform for the senior management to discuss the company's performance and outlook. No unpublished price-sensitive information (UPSI) is expected to be shared during the interaction, ensuring compliance with regulatory standards.

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was formally addressed to the stock exchanges, BSE Limited and National Stock Exchange of India Limited, to inform them of the upcoming schedule. The company emphasized that the schedule remains subject to change.

Meeting Details

The company's scrip is traded under the symbol IRB on the exchanges. The intimation was signed by Mehulkumar Natwarlal Patel, the Company Secretary, on June 4, 2026.