IRB Infra shares rise nearly 4% as November toll collections jump 23% YoY to ₹536 crore

Shares of IRB Infrastructure Developers surged over 3% after the company, along with IRB Infrastructure Trust (Private InvIT), announced a robust 23% year-over-year increase in toll collections for November 2024. The toll revenue reached ₹536 crore in November 2024, compared to ₹437 crore in the same month last year.

IRB Infrastructure Developers Ltd and IRB Infrastructure Trust reported toll collections of ₹536 crore for November 2024, marking a 23% year-on-year growth compared to ₹437 crore in November 2023.

Stock Performance:

• Current Share Price: ₹61.31 (up 3.28%)
• 5-Day Change: +11.04%
• 1-Month Change: +17.42%
• Year-to-Date: +47.65%
• 1-Year Change: +54.15%
• 5-Year Change: +815.67%

IRB Infrastructure is a leading player in India’s transport infrastructure segment with an asset base of approximately ₹80,000 crore spanning 12 states. The company’s consistent toll revenue growth highlights its operational efficiency and its pivotal role in developing India’s road and highway infrastructure.