IRB InvIT Fund Advances Acquisition of Three Toll Road Assets, Files CCI Notification
IRB InvIT Fund has filed a notification with the Competition Commission of India (CCI) for the proposed acquisition of three toll road assets: IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, and Kishangarh Gulabpura Tollway Limited. This follows previous approvals for fund raising, unitholder approval for the acquisition, and the signing of a binding term sheet. The company has made several disclosures to stock exchanges regarding the transaction progress, demonstrating regulatory compliance and transparency.
06Aug 25
IRB InvIT Fund Reports 6% Year-on-Year Growth in Toll Revenue for July 2025
IRB InvIT Fund announced a 6% year-on-year increase in gross toll revenue for July 2025, totaling ₹893.00 crore across its five project SPVs, up from ₹844.00 crore in July 2024. IRB Tumkur Chitradurga Tollway Limited was the top performer with ₹396.00 crore revenue, a 13.5% increase. Four out of five SPVs showed growth, while M.V.R. Infrastructure & Tollways Limited saw a slight 2% decline. The overall growth suggests increased traffic volume and economic activities in the regions where the fund operates.
24Jul 25
IRB InvIT Fund Reports 5.8% Rise in Q1 FY2026 Revenue, Declares Distribution of Rs 2 Per Unit
IRB InvIT Fund announced Q1 FY2026 results with revenue up 5.8% to Rs 2,851.95 million and profit after tax increasing 16.1% to Rs 995.97 million. The Fund approved a distribution of Rs 2.00 per unit. Toll collection revenue grew 7.8% to Rs 2,535.69 million. The Fund maintains a healthy debt-to-equity ratio of 0.65 and is exploring growth opportunities, including the potential acquisition of three new toll road assets.
10Mar 25
IRB InvIT Fund Reports 6% Year-over-Year Increase in February Toll Collection
IRB InvIT Fund announced a 6% year-over-year increase in average daily toll collection for February. This growth indicates improved traffic volumes and potential economic recovery in the regions where the fund operates its toll roads. The increase suggests enhanced cash flows, better asset utilization, and effective management of infrastructure assets.
07Mar 25
IRB InvIT Fund Reports 6% Growth in February Toll Collection, Showcasing Strong Performance
IRB InvIT Fund, a leading infrastructure investment trust in India, has reported a 6% year-over-year increase in average daily toll collection for February 2025. The total gross toll revenue reached ₹851 million, with the average daily collection rising to ₹30 million from ₹29 million in February 2024. The fund's portfolio of five major road projects contributed to this growth, with some projects showing significant improvements while others experienced slight declines. This performance indicates strong operational efficiency and potential for stable returns for investors.