IRB Infrastructure Developers Limited and its Private InvIT associate, IRB Infrastructure Trust, have jointly recorded a toll revenue growth of approximately 23% for the financial year 2024-25. This increase is significantly higher than the national year-on-year toll revenue growth average of 12.5% for the same period.
During FY2024-25, the combined toll revenue from the company and the trust stood at ₹6,360 crore, compared to ₹5,169 crore reported in FY2023-24. This growth reflects an overall increase in traffic flow and stable performance across various projects under the group’s portfolio.
For the month of March 2025, the combined toll revenue was ₹556.8 crore, showing a year-on-year increase of around 16% over March 2024, which reported toll revenue of ₹480.9 crore.
Project-wise, the Mumbai Pune Expressway and NH4 (through IRB MP Expressway Pvt Ltd) recorded toll revenue of ₹1,536 million in March 2025, up from ₹1,482 million a year earlier. Other key projects such as the Ahmedabad Vadodara Expressway (NE1 and NH48), Chittorgarh to Gulabpura (NH79), and Hyderabad Outer Ring Road also reported notable growth.
New additions under TOT (Toll-Operate-Transfer) models, including the Lalitpur-Lakhnadon stretch (NH44), Kota Bypass, and Jhansi-Gwalior route, contributed to the revenue figures this year. These projects did not report figures for March 2024, highlighting their role in the incremental growth for FY2024-25.
