IRB Infrastructure Developers Q4 profit grows 38 pc to Rs 296.25 cr

IRB Infrastructure Developers Ltd reported a 38% growth in net profit to Rs 296.25 crore in Q4 FY26, driven by lower expenses and revenue from operationalised projects.

IRB Infrastructure Developers Ltd on Wednesday posted a 38 per cent growth in net profit at Rs 296.25 crore in the quarter ended March 2026.

It had logged a net profit of Rs 214.7 crore in the fourth quarter of the preceding 2024-25 fiscal, the company said in an exchange filing.

Total income from operations declined to Rs 1,976 crore from Rs 2,117 crore in the same period a year ago.

Expenses were lower at Rs 1,571 crore as against Rs 1,895 crore in January-March FY25.

In the entire FY26, the company's net profit declined to Rs 850 crore from Rs 6,480 crore in FY25.

Virendra D Mhaiskar, Chairman & Managing Director of the company, said, ''With the operationalisation of the Ganga Expressway, all major IRB projects are now revenue generating, marking the successful completion of one of the largest capex and development cycles in the Company's history.''.

The company, in a statement, said the group clocked FY26 toll revenue at Rs 8,323 crore against Rs 7,400 crore in FY25, registering a growth of 12 per cent over last year.

It said the company's private InvIT associate, IRB Infrastructure Trust, offered two of its assets in Maharashtra and Gujarat, with an enterprise value of Rs 4,663 crore, to IRB InvIT Fund (public InvIT sponsored by the company) through a non-binding offer.

IRB is India's first integrated infrastructure player in the highways segment.

It is the country's largest integrated private toll roads and highways infrastructure developer with an asset base of over Rs 80,000 crore in 12 states.