September 2026 toll revenue of project SPVs up about 6% YoY to Rs. 1,401 million

IRB InvIT Fund's investment manager disclosed project-wise gross toll revenue for September 2026.

Thu 8 Oct 2026

Total gross toll revenue (Sep 2026)

Rs. 1,401 million

YoY change

about 6% increase

Kishangarh Gulabpura Tollway revenue

Rs. 222 million against Rs. 229 million

Headline numbers

The update sets out gross toll revenue for September 2026 for the project SPVs of IRB InvIT Fund, next to the September 2025 figure. Amounts are stated in millions. The total is 1,401 for September 2026 against 1,323 for September 2025, which the update describes as an increase of about 6% on a year-on-year basis.

Project-wise toll revenue

• IRB Tumkur Chitradurga Tollway Limited: 375 against 337
• IRB Pathankot Amritsar Toll Road Limited: 139 against 124
• IRB Jaipur Deoli Tollway Limited: 166 against 159
• IRB Talegaon Amravati Tollway Limited: 75 against 70
• Kaithal Tollway Limited: 123 against 115
• Kishangarh Gulabpura Tollway Limited: 222 against 229
• IRB Hapur Moradabad Tollway Limited: 301 against 289

What the update notes

• Revenue for IRB Tumkur Chitradurga Tollway Limited is net of revenue from the Tumkur bypass stretch for the previous period, for comparison purposes.
• Kaithal Tollway Limited, Kishangarh Gulabpura Tollway Limited and IRB Hapur Moradabad Tollway Limited were acquired by IRB InvIT Fund effective November 1, 2025; their numbers for the previous period are presented only for comparison.

How to read this

An InvIT owns operating road assets and earns toll collections from them. This is a monthly operational disclosure: it shows, project by project, what the SPVs collected in tolls during September 2026, and what they collected in the same month a year earlier. Toll collection is the revenue base of these assets, so the direction of this number month to month and year on year is what unitholders track.

The total moved up, but the movement across projects is not uniform. Kishangarh Gulabpura Tollway Limited reported 222 against 229 a year earlier, while the largest contributor, IRB Tumkur Chitradurga Tollway Limited, reported 375 against 337. Smaller projects such as IRB Talegaon Amravati Tollway Limited, at 75 against 70, change the total by relatively little.

What this is

This is a revenue figure, project by project, for one month. It is gross toll revenue and not a profit, cash flow or distribution figure, so it does not by itself indicate what unitholders will receive.

The disclosure is a monthly routine update for the period ended September 2026, and the accompanying letter places it on record with the exchanges.

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