IRB InvIT Fund's Q3 FY 2025-26 Quarterly Results
- 13 Feb 2026
Result Summary
- IRB InvIT Fund reported a 62.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 59.9%.
- Its expenses for the quarter were up by 94.6% QoQ and 95.9% YoY.
- The net profit decreased 27.9% QoQ and decreased 34.4% YoY.
- The earnings per share (EPS) of IRB InvIT Fund - at - during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 451.08 | 277.92 | 282.11 | 62.3% | 59.9% |
Total Expenses | 368.40 | 189.27 | 188.02 | 94.6% | 95.9% |
Profit Before Tax | 80.20 | 88.65 | 94.10 | -9.5% | -14.8% |
Tax | 20.53 | 5.92 | 3.15 | 246.8% | 551.7% |
Profit After Tax | 59.67 | 82.74 | 90.95 | -27.9% | -34.4% |
Earnings Per Share | 0.00 | 1.42 | 0.00 | -100.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
IRB InvIT Fund is a publicly listed infrastructure investment trust in India. The company primarily focuses on operating and investing in road infrastructure projects. As an infrastructure trust, it facilitates the pooling of investors' funds for investments in revenue-generating infrastructure assets, mainly toll roads. This allows investors to benefit from stable cash flows generated through toll collections. Recent developments and specific industry dynamics are not provided in the data, hence further elaboration on these aspects is unavailable. However, IRB InvIT Fund operates within the broader infrastructure sector, which is significant for economic development and subject to regulatory and economic influences.
Revenue
For the third quarter of fiscal year 2026 (Q3FY26), IRB InvIT Fund reported a total income of ₹451.08 crores. This represents an increase of 62.3% compared to the previous quarter (Q2FY26), when total income was ₹277.92 crores. On a year-over-year basis, total income increased by 59.9% from ₹282.11 crores in Q3FY25. This substantial growth in revenue on both a quarterly and yearly basis suggests a significant increase in the company's income streams, possibly from enhanced toll collections or additional revenue sources. These figures reflect the company's capacity to generate higher revenue over the periods analyzed.
Profitability
The company's profitability metrics show a contrasting trend. Profit Before Tax (PBT) for Q3FY26 is ₹80.20 crores, a decline of 9.5% from ₹88.65 crores in Q2FY26 and a 14.8% decrease from ₹94.10 crores in Q3FY25. Tax expenses have increased significantly, with a tax outlay of ₹20.53 crores in Q3FY26, reflecting a 246.8% increase from the previous quarter and a 551.7% increase year-over-year. Consequently, Profit After Tax (PAT) for Q3FY26 is ₹59.67 crores, down by 27.9% from ₹82.74 crores in Q2FY26 and 34.4% from ₹90.95 crores in Q3FY25. Earnings per Share (EPS) for Q3FY26 is noted as ₹0.00, compared to ₹1.42 in Q2FY26, indicating a 100% decrease. This decline in profitability metrics, despite an increase in revenue, suggests increased expenses impacting overall profitability.
Operating Metrics
In terms of operating metrics, total expenses for Q3FY26 were ₹368.40 crores. This marks a 94.6% increase from the previous quarter's expenses of ₹189.27 crores and a 95.9% rise from ₹188.02 crores in Q3FY25. The increased expense ratio may reflect higher operational costs or investments in infrastructure maintenance and development. The significant rise in expenses, coupled with increased tax liabilities, has affected the company's net profitability despite robust revenue growth. The data provided does not include specific operational details or financial ratios like P/E ratio, debt-to-equity ratio, or current ratio, which would offer additional insight into the company's operational efficiency and financial health.