IRB Infrastructure Developers Limited announced a robust 20% year-on-year increase in toll collections for January 2025, marking a strong start to the year with collections amounting to Rs. 560 crore, compared to Rs. 467 crore in January 2024. The increase was attributed to the continued performance across major toll projects and support from recent infrastructure developments.
Breakdown of Key Project Collections
- IRB MP Expressway Pvt Limited: Rs. 1,552 million vs Rs. 1,454 million (YoY)
- IRB Ahmedabad Vadodara Super Express Tollway Pvt Limited: Rs. 699 million vs Rs. 645 million (YoY)
- CG Tollway Limited: Rs. 331 million vs Rs. 300 million (YoY)
- IRB Golconda Expressway Private Limited: Rs. 678 million vs Rs. 593 million (YoY)
Three newly operational projects—IRB Lalitpur Tollway, IRB Kota Tollway, and IRB Gwalior Tollway—also contributed to the growth, with cumulative toll collections starting in April 2024.
Positive Outlook Driven by Budgetary Support
Commenting on the performance, Deputy CEO Amitabh Murarka highlighted the significance of recent budgetary support for transportation and tourism sectors, stating that the company expects further growth as infrastructure development spurs higher traffic volumes.
Disclaimer:
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