IRB Infra & IRB Infrastructure Trust Witness Growth in May Aggregate Toll Revenue Soars by 30% Year-on-Year
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Continuing with the growth momentum in April 2024, IRB Infrastructure Developers Limited, India’s leading and the largest integrated multi-national transport infrastructure developer in the highways sector and its associate IRB Infrastructure Trust, India’s largest Infrastructure Investment Trust, have collectively reported Y-o-Y toll revenue growth of 30% in the month of May 2024.
The toll collection of both the entities for May 2024 is Rs. 536 Crs against Rs. 411 Crs in May 2023.
Commenting on this, Shri Amitabh Murarka, Dy. CEO, IRB Infrastructure Developers Limited said, “It is encouraging to observe the sustained momentum in toll collection in May 2024. This reinforces the consistency and robustness of growth across all highway assets we manage in India. With the annual toll tariff revision now effective from June 3, 2024, and the strong GDP numbers, we expect this positive trend in toll collections to continue in the upcoming quarters.”
The toll collection details Project and SPV wise are as follows:
Sr. No | Company Name | May 2024 (Rs. in Mn) | May 2023 (Rs. in Mn) |
1 | IRB MP Expressway Pvt Limited (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4) | 1,526 | 1,490 |
2 | IRB Ahmedabad Vadodara Super Express Tollway Pvt. Limited (Ahmedabad Vadodara Expressway NE1 and Highway NH48) | 645 | 610 |
3 | CG Tollway Limited (Chittorgarh to Gulabpura NH79) | 314 | 312 |
4 | Udaipur Tollway Limited (Udaipur to Shamlaji NH48) | 272 | 244 |
5 | Palsit Dankuni Tollway Private Limited (Palsit to Dankuni NH19) | 145 | 162 |
6 | AE Tollway Limited (Agra to Etawah NH19) | 206 | 202 |
7 | Yedeshi Aurangabad Tollway Limited (Yedeshi to Aurangabad NH211) | 184 | 248 |
8 | IRB Hapur Moradabad Tollway Limited (Hapur to Moradabad NH 9) | 260 | 260 |
9 | Kaithal Tollway Limited (Kaithal to Rajasthan Border NH152/65) | 112 | 120 |
10 | Kishangarh Gulabpura Tollway Limited (Kishangarh to Gulabpura NH79A & NH79) | 199 | 207 |
11 | IRB Westcoast Tollway Limited (Karwar to Kundapura NH66) | 131 | 129 |
12 | Solapur Yedeshi Tollway Limited (Solapur to Yedeshi NH211) | 99 | 127 |
13 | IRB Golconda Expressway Private Limited (Hyderabad Outer Roing Road) | 627 | – |
14 | Samakhiyali Tollway Private Limited (Samakhiyali to Santalpur NH27) | 121 | – |
15 | IRB Lalitpur Tollway Private Limited (Lalitpur Lakhnadon NH44 – TOT 12) | 355 | – |
16 | IRB Kota Tollway Private Limited (Kota Bypass – TOT 13) | 61 | – |
17 | IRB Gwalior Tollway Private Limited (Jhansi Gwalior NH44 – TOT 13) | 98 | – |
Total | 5,355 | 4,111 |