IRB Infrastructure: Toll revenue increased by 8 percent to Rs 1680 crore in the first quarter:

News Topical, Digital Desk : IRB Infrastructure Developers Limited said in a filing to the stock exchange on Friday that the company and its listed private InvIT joint venture, IRB Infrastructure Trust, have earned a total toll revenue of Rs 1,680 crore in the first quarter of FY 2025–26. This figure is an 8 per cent year-on-year increase compared to Rs 1,556 crore in the first quarter of last year. According to the company, toll collection grew by 5 per cent to Rs 544.8 crore in the month of June alone from Rs 517.2 crore in the same month a year ago. However, the company said that the early arrival of monsoon this year has affected traffic growth to some extent.

What did the company say?

The company's deputy CEO Amitabh Murarka said that it is encouraging to see a steady increase in toll collection in the first quarter of FY26, especially when the monsoon arrived early in many parts of the country, which had a slight impact on traffic volumes. The company will now soon present its first quarter results. Earlier, the company has recorded a net profit of Rs 215 crore in the last quarter of the last financial year, which was Rs 189 crore in the same quarter of the previous year. That is, an annual increase of 14 percent.

How was the stock performance? The stock of IRB Infrastructure Developers, a civil construction company included in the BSE 500, closed 1.5 per cent down at 47.58 on Friday. The stock recorded a level of 41 in early March this year, which is the lowest level of the year. The stock had reached its highest level of 72 on July 16 last year.