Roads & Highways company IRB Infrastructure Developers announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income: Q4FY26: Rs 19,768.90 million compared to Rs 22,178.64 million in Q4FY25. FY26: Rs 78,539.82 million compared to Rs 80,315.47 million in FY25. Net Profit After Tax: Q4FY26: Rs 2,962.59 million compared to Rs 2,147.22 million in Q4FY25. FY26: Rs 8,503.60 million compared to Rs 64,806.84 million in FY25. Revenue from Operations: Q4FY26: Rs 19,270.00 million compared to Rs 21,492.44 million in Q4FY25. FY26: Rs 76,481.50 million compared to Rs 76,134.67 million in FY25. Standalone Financial Highlights: Total Income: Q4FY26: Rs 13,713.88 million compared to Rs 16,102.51 million in Q4FY25. FY26: Rs 51,101.12 million compared to Rs 58,104.42 million in FY25. Net Profit After Tax: Q4FY26: Rs 3,898.96 million compared to Rs 2,784.39 million in Q4FY25. FY26: Rs 9,966.04 million compared to Rs 56,140.58 million in FY25. Revenue from Operations: Q4FY26: Rs 11,717.57 million compared to Rs 14,661.39 million in Q4FY25. FY26: Rs 46,272.16 million compared to Rs 50,633.42 million in FY25. Business Highlights: Operational Scale: The Company maintains an asset base of approximately Rs 94,000 crore, comprising 28 highway projects (18 BOT, 6 TOT, and 4 HAM projects) with 17,500 operational lane km. Toll Revenue: Group toll revenue for FY26 was Rs 8,323 crore compared to Rs 7,400 crore in FY25 (12% YoY growth), representing a 10% share in India’s aggregate toll revenue of Rs 82,900 crore for FY26. TOT-17 & TOT-18 Projects: Commissioned tolling and O&M; activities for the TOT-17 bundle (1,464 lane km) with a cost outlay of approximately Rs 10,500 crore. Awarded the TOT-18 project in Odisha (447 lane km) with a cost outlay of Rs 3,456 crore, taking the Company's share in the awarded TOT space to 44%. Tolling on this project commenced on April 1, 2026. Strategic Developments: Completed the Ganga Expressway Group 1 (Meerut Budaun Expressway) project within the scheduled 36 months; tolling commenced on May 17, 2026. All assets under the IRB group are now revenue-generating. Facilitated the transfer of three BOT assets from its private InvIT (IRB Infrastructure Trust) to its public InvIT (IRB InvIT Fund) with an enterprise value of Rs 8,436 crore, unlocking Rs 4,905 crore in capital. Transferred the Gandeva to Ena Hybrid Annuity Project, receiving an equity contribution of Rs 513 crore and reducing debt by Rs 700 crore. Shri Virendra D. Mhaiskar, Chairman & Managing Director, 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. As we enter the next phase of growth, IRB is strategically positioned for a multi-year operating leverage expansion cycle, with strong profit growth expected to be driven by rising toll revenues, increasing InvIT distributions, and stable recurring cash flows from our O&M; platform. Our transition from a hybrid developer model to an integrated sponsor, asset manager, and operator platform is now beginning to deliver tangible results, creating a structurally stronger and more sustainable business for the long term.” Result PDF