IRB Infrastructure Developers Limited, along with its Private InvIT associate IRB Infrastructure Trust, recorded a 10% year-on-year increase in toll revenue for April 2025. The total toll revenue collected stood at ₹554 crore, compared to ₹503 crore in April 2024.
The increase in toll revenue is attributed to consistent traffic volumes across key highway projects operated by IRB and its affiliates. These include wholly owned subsidiaries such as IRB MP Expressway Pvt Ltd, which manages the Mumbai-Pune Expressway and Old Mumbai-Pune Highway, recording ₹150.7 crore in April 2025 compared to ₹140.7 crore in the same month last year. Similarly, IRB Golconda Expressway Private Limited, responsible for the Hyderabad Outer Ring Road, reported toll collections of ₹68.3 crore, up from ₹60.2 crore in April 2024.
Projects managed through joint ventures and other associate structures also contributed to the overall increase. For instance, the Chittorgarh to Gulabpura stretch on NH79, operated by CG Tollway Limited, saw revenue rise to ₹32.7 crore from ₹29.7 crore. The Udaipur to Shamlaji route managed by Udaipur Tollway Limited brought in ₹27.2 crore, up from ₹25.5 crore. The Palsit to Dankuni corridor under Palsit Dankuni Tollway Private Limited saw revenue climb to ₹15.3 crore from ₹14.2 crore.
Other notable contributors include AE Tollway Limited, overseeing the Agra to Etawah stretch on NH19, which reported ₹22.1 crore compared to ₹20.3 crore the previous year, and IRB Hapur Moradabad Tollway Limited, with ₹30.1 crore up from ₹25.8 crore. The Yedeshi to Aurangabad project earned ₹20.6 crore in April 2025, compared to ₹17.7 crore last year, while the Kaithal to Rajasthan Border route posted ₹11.9 crore, marginally higher than ₹11.3 crore.
The Kishangarh to Gulabpura section under Kishangarh Gulabpura Tollway Limited reported ₹21.2 crore, up from ₹18.5 crore, and the Karwar to Kundapura project under IRB Westcoast Tollway Limited showed revenue growth from ₹11.2 crore to ₹12.9 crore. The Solapur to Yedeshi stretch collected ₹11.3 crore, an increase from ₹9.3 crore the previous year.
Samakhiyali Tollway Private Limited, managing the Samakhiyali to Santalpur corridor, reported a revenue of ₹12 crore compared to ₹11.5 crore in April 2024. IRB Lalitpur Tollway Private Limited posted ₹35.3 crore in tolls, up from ₹32.9 crore. The Kota Bypass project (IRB Kota Tollway) remained unchanged at ₹5.7 crore. Lastly, IRB Gwalior Tollway Private Limited, handling the Jhansi-Gwalior section, saw collections of ₹11 crore compared to ₹9.1 crore last year.
With a total toll collection of ₹553.7 crore across all operational projects in April 2025, compared to ₹502.8 crore in April 2024, IRB Infrastructure remains positioned to benefit from ongoing transportation and infrastructure demand across India’s highway network.