IRB InvIT Fund Sep 2026 Results: Gross toll revenue rises 6% YoY to ₹1,401 million
08 Oct 2026
Key Highlights
Gross toll revenue reached ₹1,401 million in September 2026, up 6% YoY
IRB Tumkur Chitradurga Tollway led with ₹375 million, up from ₹337 million
Kishangarh Gulabpura Tollway was the only asset to record a decline in revenue
Top two assets contributed nearly half of the total monthly collections
IRB InvIT Fund reported gross toll revenue of ₹1,401 million for September 2026, reflecting a 6% year-on-year increase from ₹1,323 million recorded in the same period last year.
The growth was primarily supported by strong performance from the Tumkur Chitradurga Tollway, which contributed ₹375 million, up from ₹337 million in September 2025. The Hapur Moradabad Tollway also saw an uptick, generating ₹301 million compared to ₹289 million a year earlier.
Asset-wise performance breakdown
The fund’s revenue base is diversified across seven project SPVs. While most assets showed positive momentum, the Kishangarh Gulabpura Tollway witnessed a marginal decline in collections.
|
Project SPV |
Sep 2026 (₹ million) |
Sep 2025 (₹ million) |
|
IRB Tumkur Chitradurga Tollway Limited |
375 |
337 |
|
IRB Pathankot Amritsar Toll Road Limited |
139 |
124 |
|
IRB Jaipur Deoli Tollway Limited |
166 |
159 |
|
IRB Talegaon Amravati Tollway Limited |
75 |
70 |
|
Kaithal Tollway Limited |
123 |
115 |
|
Kishangarh Gulabpura Tollway Limited |
222 |
229 |
|
IRB Hapur Moradabad Tollway Limited |
301 |
289 |
|
Total |
1,401 |
1,323 |
Note: Revenue for Tumkur Chitradurga is net of revenue from the Tumkur bypass stretch for the previous period to ensure comparable basis.
What the numbers show
The aggregate growth masks divergent trends within the portfolio. The top two contributors, Tumkur Chitradurga and Hapur Moradabad, together accounted for ₹676 million, or approximately 48% of the total monthly revenue. Their combined year-on-year increase of ₹50 million effectively offset the ₹7 million decline seen at Kishangarh Gulabpura. This concentration highlights the fund’s reliance on these two high-traffic corridors for sustaining overall yield stability.
Three projects acquired by the fund effective November 1, 2025 (Kaithal, Kishangarh Gulabpura, and Hapur Moradabad) are included in the comparison figures solely for analytical consistency, as their prior-year numbers represent standalone performance rather than consolidated contributions to the InvIT during that specific month.
Historical Stock Returns for IRB InvIT Fund
|
1 Day |
5 Days |
1 Month |
6 Months |
1 Year |
5 Years |
|
+0.42% |
-1.99% |
-4.10% |
+0.33% |
-1.47% |
+9.13% |
Source: https://scanx.trade/stock-market-news/companies/irb-invit-fund-sep-2026-results-gross-toll-revenue-rises-6-yoy-1-401/53013680