Roads & Highways company IRB Infrastructure Developers announced Q3FY25 results Net Profit of Rs 222 crore (excluding one-time income) against Rs 187 crore for Q3FY24. The total income reported for the same period is Rs 2,090 crore, which was Rs 2,077 crore during Q3FY24; thus, rose by 1%. Other Highlights: The quarter under review witnessed approx. 21% rise in aggregate toll collection of Company and Private InvIT (Rs 1,655 crore in Q3FY25 vs Rs 1,373 crore in Q3FY24). The Board has declared a 3 rd interim dividend of 10% (face value: Re 1) totaling Rs 60.3 crore for Q3FY25. This brings the total dividend for the first nine months of FY25 to Rs 181.1 crore. The Private InvIT offered five matured assets, valued at approximately Rs 15,000 crore., to Public InvIT. The transaction is expected to be completed in the first half of FY26, subject to necessary approvals. The Private InvIT also announced its third distribution of Rs 53.92 crore. Consequently, the Company will receive Rs 27.51 crore., corresponding to its 51% stake in the entity. Company’s Meerut Budaun Expressway (Package 1 of the upcoming Ganga Expressway Greenfield BOT Project) is now part of the IRB Infrastructure Trust, Private InvIT. Shri Virendra D. Mhaiskar, Chairman & Managing Director, said: “Our asset portfolio continues to excel with 21% revenue growth in the current quarter. As we build on this momentum, we have embarked on a strategic journey of asset rotation and unlocking the true value of our investments. This initiative includes a non-binding offer to Public InvIT and a value-enhancing initiative across our portfolio." "The Government's push for Public-Private Partnership (PPP) projects is gaining momentum, with bidding for Build-Operate-Transfer (BOT) and Toll-Operate-Transfer (TOT) projects now underway. We intend to actively participate in these upcoming opportunities.” Result PDF