IRB InvIT Fund Reports 13% Y-o-Y Growth in February 2026 Toll Revenue
IRB InvIT Fund reported gross toll revenue of ₹1608 million for February 2026, achieving 13% year-on-year growth from ₹1418 million in February 2025. The performance was driven by eight project SPVs, with IRB Tumkur Chitradurga Tollway Limited contributing the highest revenue at ₹396 million. Three projects were recently acquired in November 2025, adding to the fund's diversified toll road portfolio.
*this image is generated using AI for illustrative purposes only.
IRB InvIT Fund has reported strong toll revenue performance for February 2026, with its project SPVs achieving a collective gross toll revenue of ₹1608 million, marking a 13% year-on-year growth from ₹1418 million in February 2025. The revenue disclosure was submitted to stock exchanges on March 7, 2026, under Regulation 30 by IRB Infrastructure Private Limited, which serves as the Investment Manager to IRB InvIT Fund.
Revenue Performance Across Project Portfolio
The fund's eight project SPVs demonstrated varied performance levels, with several showing significant growth trajectories. The revenue breakdown reveals a diversified portfolio of toll road assets contributing to the overall growth momentum.
| Project Company | February 2026 (₹ millions) | February 2025 (₹ millions) |
|---|---|---|
| IRB Tumkur Chitradurga Tollway Limited | 396 | 357 |
| IRB Pathankot Amritsar Toll Road Limited | 150 | 126 |
| IRB Jaipur Deoli Tollway Limited | 176 | 153 |
| M.V.R. Infrastructure & Tollways Limited | 145 | 136 |
| IRB Talegaon Amravati Tollway Limited | 85 | 79 |
| Kaithal Tollway Limited | 120 | 107 |
| Kishangarh Gulabpura Tollway Limited | 231 | 203 |
| IRB Hapur Moradabad Tollway Limited | 305 | 257 |
| Total Revenue | 1608 | 1418 |
Key Contributors to Revenue Growth
IRB Tumkur Chitradurga Tollway Limited emerged as the largest revenue contributor, generating ₹396 million in February 2026 compared to ₹357 million in the previous year. IRB Hapur Moradabad Tollway Limited recorded the second-highest revenue at ₹305 million, up from ₹257 million in February 2025.
Recent Portfolio Additions
Three projects in the portfolio - Kaithal Tollway Limited, Kishangarh Gulabpura Tollway Limited, and IRB Hapur Moradabad Tollway Limited - were acquired by IRB InvIT Fund effective from November 1, 2025. The previous period numbers for these projects are presented for comparison purposes only.
Regulatory Compliance and Documentation
The toll revenue disclosure was formally communicated to both BSE Limited and National Stock Exchange of India Limited through a regulatory filing signed by Swapna Arya, Company Secretary & Compliance Officer of IRB Infrastructure Private Limited. The filing was also copied to IDBI Trusteeship Services Limited, which serves as the trustee for the InvIT structure.
Historical Stock Returns for IRB InvIT Fund
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.30% | -1.54% | -1.76% | -3.45% | +13.12% | +9.37% |
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