IRB Infrastructure Developers Ltd

IRB Infrastructure Trust received the Letter of Award from the National Highways Authority of India (NHAI) for the TOT 17 bundle. The award covers 366 km across the Lucknow'Ayodhya'Gorakhpur corridor on NH 27 and the Lucknow'Sultanpur stretch on NH 731. The Trust will pay an upfront concession fee of Rs 9,270 crore for a 20 year revenue linked contract. The TOT 17 project lifts the Trust's asset base to about Rs 65,000 crore. The IRB Group's overall portfolio will also cross Rs 90,000 crore. Management said this win strengthens IRB's position in the highway monetisation space. Its market share in TOT projects now rises to 42%. The project adds long term visibility to toll revenues and cash flows. It also expands the group's O&M order book by around 20%. IRB will act as the Project Manager for this corridor. The company noted that this award brings the platform closer to the Rs 1 lakh crore milestone. IRB is India's first integrated multi-national transport infrastructure developer in roads & highways segment. The company has strong track record of constructing, tolling, operating, and maintaining around 19,000 Lane Kms pan India in its existence of more than 25 years in India. It reported a 41% surge in consolidated net profit to Rs 140.82 crore on a 10.42% increase in total revenue from operations to Rs 1,751.02 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

IRB Infrastructure Developers announced that IRB Infrastructure Trust, associate of the company has received a Letter of Award from National Highways Authority of India (NHAI) for the project of involving Tolling, Operation, Maintenance and Transfer of Lucknow-Ayodhya Section of NH-28 (New NH-27) from km 15.400 to km 137.970, Ayodhya-Gorakhpur Section (Km. 136.759 to Km. 252.860) stretch of NH-28 (New NH-27) and Lucknow-Sultanpur Section of NH-731 from Km. 90.370 to km. 217.795 in the state of Uttar Pradesh (TOT-17). Key highlights of the project: IRB Infrastructure Developers will be the Project Manager for the Project. The Trust to pay upfront Bid Concession Fee of Rs. 9,270 crore to NHAI for revenue-linked Concession Period of 20 years. Trust's asset portfolio will increase by ~20% to ~Rs 65,000 Crore with addition of this project with a long-term revenue & cashflow generation visibility. Powered by Capital Market - Live

Net profit of IRB Infrastructure Developers rose 41.00% to Rs 140.82 crore in the quarter ended September 2025 as against Rs 99.87 crore during the previous quarter ended September 2024. Sales rose 10.42% to Rs 1751.02 crore in the quarter ended September 2025 as against Rs 1585.84 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1751.021585.84 10 OPM %52.8043.07 - PBDT522.92414.59 26 PBT260.81183.39 42 NP140.8299.87 41 Powered by Capital Market - Live

Profit before tax (PBT) stood at Rs 260.81 crore in Q2 FY26, up 42.22% compared to the Rs 183.39 crore reported in Q2 FY25. EBITDA in Q2 FY26 was at Rs 974 crore, registering a growth of 4% from Rs 933 crore posted in Q2 FY25. On a half-year basis, the company's net profit surged 43.14% to Rs 343.31 crore on an 11.96% rise in total revenue from operations to Rs 384.99 crore in H1 FY26 over H1 FY25. Virendra D. Mhaiskar, chairman & MD, IRB Infrastructure Developers, said, 'The first half of the year, particularly Q2, continued to demonstrate strong momentum in toll revenue growth, despite a severe and extended monsoon period. We have also successfully completed the sale of three assets, in line with our B.E.S.T. (Bid, Execute, Stabilize, Transfer) strategy of efficient asset churn and sustainable growth without any dilution. This has enabled us to unlock approximately Rs 5,000 crore of equity in the Private InvIT, positioning us to pursue further opportunities of around Rs 15,000 crore in the sector. These developments keep us firmly on track to achieve an asset base of Rs 1.4 trillion over the next three years.' He added, 'This robust performance strengthens our confidence that growth will further accelerate in the coming quarters, supported by the ongoing pace of consolidation.' Meanwhile, the board declared a second interim dividend of Rs 0.07 per equity share for FY26. The record date is set as 18 November 2025, and the dividend will be paid or dispatched to eligible shareholders on or before December 2025. IRB Infrastructure Developers (IRB) is one of the leading infrastructure development companies in India in the road and highway sector, with a presence in Build-Operate-Transfer (BOT) and HAM space. The company undertakes development of various infrastructure projects in the road sector through several special purpose vehicles. IRB's work spans from the building of roads, highways, bridges, and tunnels; recently, the company diversified its business into the real estate development sector also.Powered by Capital Market - Live

IRB Infrastructure Developers announced that the Board of Directors of the Company at its meeting held on 12 November 2025, has recommended a Second Interim Dividend of Rs.0.07 per share (i.e.7%), subject to the approval of the shareholders.Powered by Capital Market - Live

The combined toll collections stood at Rs 681.6 crore for the month, up from Rs 624.1 crore in October 2024. Amitabh Murarka, deputy CEO, IRB Infrastructure Developers, said, 'After a strong performance in the first half of FY26, the third quarter has also commenced on a positive trajectory. October 2025 witnessed robust toll revenue growth across all our assets under IRB Infra and our two sponsored InvITs, despite the impact of an extended monsoon. With the extended monsoon season now behind us, we expect the momentum in traffic growth to continue in the coming months.' IRB Infrastructure Developers (IRB) is one of the leading infrastructure development companies in India in the road and highway sector, with presence in Build-Operate-Transfer (BOT) and HAM space. The company undertakes development of various infrastructure projects in the road sector through several special purpose vehicles. IRB's work spans from the building of roads, highways, bridges, and tunnels; recently, the company diversified its business into the real estate development sector also. The company's consolidated net profit surged 44.64% to Rs 202.48 crore in Q1 FY26 as against Rs 139.98 crore posted in Q1 FY25. Revenue from operations rose 13.27% YoY to Rs 2,098.97 crore in the quarter ended 30 June 2025. The counter slipped 1.82% to Rs 42.66 on the BSE. Powered by Capital Market - Live

IRB Infrastructure Developers will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

IRB Infrastructure Developers has announced successful completion of the fund-raising of Rs.3,248.43 crore by its sponsored Public InvIT, i.e., IRB InvIT Fund through Institutional Placement of Units (IP). Commenting on the development, Virendra D. Mhaiskar, Chairman & Managing Director of the Company said, 'This strong response from the marquee global and domestic investors is a testament to the trust and credibility that the IRB Group has built over the years. The upsized IP underscores investor confidence in the Indian infrastructure growth story and in the InvIT platform as a credible, scalable, and transparent vehicle for long-term infrastructure investment. With this fund raise, the InvIT is now well positioned to enhance its portfolio, strengthen distributions, and create sustained value for unitholders. Additionally, the Private InvIT shall become well-positioned to unlock new growth opportunities as it gears up to fund projects worth up to Rs 15,000 crore in the next phase of expansion.' This is the first fund-raise activity by the Company Sponsored IRB InvIT Fund since its launch and listing way back in year 2017, which witnessed strong and broad-based participation, reflecting the confidence of a diverse set of marquee long-term institutional investors, both foreign and domestic, along with several reputed family offices. Post allotment of the Institutional Placement, investors holding more than 5% of the units, excluding the sponsor, are Anahera Investment Pte. Ltd., Kotak Mahindra Bank Limited, and CIM Investment Fund ICAV. The completion of the IP is subject to listing and trading approval from the exchanges. Powered by Capital Market - Live

The combined toll collections stood at Rs 563 crore for the month, up from Rs 503 crore in August 2024. Amitabh Murarka, deputy CEO, IRB Infrastructure Developers, said, 'Toll revenues for August 2025 recorded a robust 12% year-onyear growth, stronger than previous month, backed by continued underlying economic growth. This performance is particularly noteworthy given the adverse impact of weather conditions on traffic across certain assets. With the onset of the festive and holiday season, we anticipate a further strengthening of this growth momentum in the coming months.' IRB Infrastructure Developers (IRB) is one of the leading infrastructure development companies in India in the road and highway sector, with presence in Build-Operate-Transfer (BOT) and HAM space. The company undertakes development of various infrastructure projects in the road sector through several special purpose vehicles. IRB's work spans from the building of roads, highways, bridges, and tunnels; recently, the company diversified its business into the real estate development sector also. The company's consolidated net profit surged 44.64% to Rs 202.48 crore in Q1 FY26 as against Rs 139.98 crore posted in Q1 FY25. Revenue from operations rose 13.27% YoY to Rs 2,098.97 crore in the quarter ended 30 June 2025. Powered by Capital Market - Live

Net profit of IRB Infrastructure Developers rose 44.65% to Rs 202.48 crore in the quarter ended June 2025 as against Rs 139.98 crore during the previous quarter ended June 2024. Sales rose 13.28% to Rs 2098.97 crore in the quarter ended June 2025 as against Rs 1852.94 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales2098.971852.94 13 OPM %45.3643.37 - PBDT555.59483.66 15 PBT286.39228.65 25 NP202.48139.98 45 Powered by Capital Market - Live