IRB Infra Toll Revenue up to Rs 5.60 bn in Jan with Fighest from Maharashtra

12 Feb 2025 CW Team

IRB Infrastructure reported a 20 per cent year-on-year increase in toll revenue for January, reaching Rs 5.59 billion. In comparison, the company's toll collection business had generated Rs 4.66 billion in the same month last year, according to its exchange filing.

Among its 17 toll plazas, the IRB MP Expressway in Maharashtra accounted for the highest share, contributing Rs 1.55 billion to the total revenue. The Ahmedabad-Vadodara Super Express Tollway followed with a revenue contribution of Rs 690.9 million. Additionally, the CG Tollway, which operates on the Chittorgarh to Gulabpura stretch of NH 79, recorded toll revenue of Rs 330.1 million.

The company expects this growth trend to continue, supported by increased allocations in the recent Budget. Investments aimed at enhancing transportation infrastructure, boosting consumption, and promoting tourism are anticipated to drive higher traffic across its assets in 12 states.

IRB Infrastructure is India's first integrated infrastructure company in the highways sector. It remains the country's largest private toll roads and highway infrastructure developer, with an asset base exceeding Rs 800 billion.

News source: Business Standard

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