IRB Infrastructure Developers

IRB reported Q3 FY26 consolidated revenue of ₹1,912 croreCurrent reported value: ₹1,912 crore. No comparable prior figure is available in the source record. (down 9% YoY) due to completion of construction projects, but PAT grew 14% YoY to ₹253 croreCurrent reported value: 14% YoY to ₹253 crore. No comparable prior figure is available in the source record. driven by higher InvIT income and lower interest costs. EBITDA margin expanded ~80bps to ~8.5%. The company won TOT8 for ₹3,087 crore, raising its TOT market share to 44%Current 44%. Reported change: +8pp YoY., and completed the VM7 asset transfer, unlocking ₹520 crore equity. Management guided for zero net debt by 2030Current reported value: zero net debt by 2030. No comparable prior figure is available in the source record. and 25% PAT CAGR, with a robust order book of ₹37,300 crCurrent ₹37,300 Cr. Reported change: +14% YoY.ore. Key risk: MLFF technology uncertainty may delay future TOT bids.