The aggregate toll collection of 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 registered aggregate Y-o-Y toll revenue growth of 30% in the month of March 2024.
Both the entities have reported aggregate toll collection of Rs. 4,809 Mn for the month under review, i.e., March 2024, against Rs. 3,700 Mn in March 2023. The assets under Private InvIT, i.e., IRB Infrastructure Trust have registered toll collection rise around 40% Y-o-Y.
Commenting on this, Shri Amitabh Murarka, Dy. CEO, IRB Infrastructure Developers Limited said, “We are ending Financial Year 2024 with a sharp Y-o-Y growth of 30% in toll collection during March 24.” He further said, “With addition of two new revenue generating TOT assets in the portfolio, we foresee robust FY25.”
