IRB Infra, IRB Infra Trust clock 37 pc Y-o-Y toll collection growth
Company News

IRB Infra, IRB Infra Trust clock 37 pc Y-o-Y toll collection growth

After registering a strong toll collection growth of 32 percent in Q1FY25, the IRB Infrastructure Developers and IRB Infrastructure Trust, India’s leading and the largest multi-national transport infrastructure developers and private infrastructure investment trust respectively, have kept the momentum going in the starting month of the Q2FY25, i.e., July 2024.

The company has reported 37 percent y-o-y toll collection growth in the opening month of second quarter of FY25, i.e., July 2024, against the corresponding month of FY24. The company’s July 2024’s toll collection is Rs 4.99 billion against Rs 3.65 billion in July 2023.

Commenting on the occasion, Amitabh Murarka, Deputy Chief Executive Officer of IRB Infrastructure Developers, said, "The second quarter has begun positively, with a 37 percent increase in toll collection compared to the same period last year. New additions to our portfolio are also contributing well. With a normal monsoon forecast, we expect continued strong traction in toll collection going forward."

The toll collection details project and SPV wise are as follows:

Sr. No Company Name July 2024
(Rs. In Mn)
July 2023
(Rs. in Mn)
Relationship with Entities
1 IRB MP Expressway (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4) 1352 1349 Wholly – owned Subsidiaries
2 IRB Ahmedabad Vadodara Super Express Tollway
(Ahmedabad Vadodara Expressway NE1 & Highway NH48)
584 537 Joint-Ventures
Entities under the IRB Infrastructure Trust (Private InvIT)
3 CG Tollway
(Chittorgarh to Gulabpura NH79)
305 301
4 Udaipur Tollway
(Udaipur to Shamlaji NH48)
256 230
5 Palsit Dankuni Tollway
(Palsit to Dankuni NH19)
135 129
6 AE Tollway (Agra to Etawah NH19) 194 185
7 Yedeshi Aurangabad Tollway (Yedeshi to Aurangabad NH211) 203 229
8 IRB Hapur Moradabad Tollway (Hapur to Moradabad NH 9) 223 182
9 Kaithal Tollway (Kaithal to Rajasthan Border NH152/65) 107 112
10 Kishangarh Gulabpura Tollway (Kishangarh to Gulabpura NH79A & NH79) 190 196
11 IRB Westcoast Tollway (Karwar to Kundapura NH66) 87 90
12 Solapur Yedeshi Tollway (Solapur to Yedeshi NH211) 101 111
13 IRB Golconda Expressway (Hyderabad Outer Roing Road) 633 -
14 Samakhiyali Tollway (Samakhiyali to Santalpur NH27) 110 -
15 IRB Lalitpur Tollway (Lalitpur Lakhnadon NH44 – TOT 12) 345 -
16 IRB Kota Tollway (Kota Bypass – TOT 13) 63 -
17 IRB Gwalior Tollway (Jhansi Gwalior NH44 – TOT 13) 100 -
Total 4988 3651

About IRB Infrastructure Developers

IRB Infrastructure Developers (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in the roads and highways segment. The company has acquired ISO certification in Quality (ISO 9001); Environment Management (ISO 14001), Occupational Health and Safety (ISO 45001) and IT Security (ISO 27001) from the ISOQAR, United Kingdom.

As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of approximately Rs 800 billion in 12 states across the parent company and two InvITs.

The company has a strong track record of constructing, tolling, operating, and maintaining around 18,500 lane km pan India in its existence of more than 25 years in India; of which 15,500 lane kms are under operations at present. The group commands a market share of around 38 percent in the TOT space. It also comprises 12 percent share in India’s North South highway connectivity.

After successfully completing 13 concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 26 road projects that include 18 BOT, four TOT and four HAM projects.

After registering a strong toll collection growth of 32 percent in Q1FY25, the IRB Infrastructure Developers and IRB Infrastructure Trust, India’s leading and the largest multi-national transport infrastructure developers and private infrastructure investment trust respectively, have kept the momentum going in the starting month of the Q2FY25, i.e., July 2024. The company has reported 37 percent y-o-y toll collection growth in the opening month of second quarter of FY25, i.e., July 2024, against the corresponding month of FY24. The company’s July 2024’s toll collection is Rs 4.99 billion against Rs 3.65 billion in July 2023. Commenting on the occasion, Amitabh Murarka, Deputy Chief Executive Officer of IRB Infrastructure Developers, said, The second quarter has begun positively, with a 37 percent increase in toll collection compared to the same period last year. New additions to our portfolio are also contributing well. With a normal monsoon forecast, we expect continued strong traction in toll collection going forward. The toll collection details project and SPV wise are as follows: .tg {border-collapse:collapse;border-spacing:0;} .tg td{border-color:black;border-style:solid;border-width:1px;font-family:Arial, sans-serif;font-size:14px; overflow:hidden;padding:10px 5px;word-break:normal;} .tg th{border-color:black;border-style:solid;border-width:1px;font-family:Arial, sans-serif;font-size:14px; font-weight:normal;overflow:hidden;padding:10px 5px;word-break:normal;} .tg .tg-0x09{background-color:#9b9b9b;text-align:left;vertical-align:top} .tg .tg-9fd4{background-color:#9b9b9b;font-weight:bold;text-align:left;vertical-align:top} .tg .tg-lqy6{text-align:right;vertical-align:top} .tg .tg-cdns{background-color:#9b9b9b;border-color:inherit;font-weight:bold;text-align:right;vertical-align:top} .tg .tg-pu0z{background-color:#9b9b9b;border-color:inherit;font-weight:bold;text-align:left;vertical-align:top} .tg .tg-dvpl{border-color:inherit;text-align:right;vertical-align:top} .tg .tg-f8tv{border-color:inherit;font-style:italic;text-align:left;vertical-align:top} .tg .tg-0lax{text-align:left;vertical-align:top} .tg .tg-8zwo{font-style:italic;text-align:left;vertical-align:top} .tg .tg-tsok{background-color:#FFF;color:#222;text-align:left;vertical-align:top} Sr. No Company Name July 2024(Rs. In Mn) July 2023(Rs. in Mn) Relationship with Entities 1 IRB MP Expressway (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4) 1352 1349 Wholly – owned Subsidiaries 2 IRB Ahmedabad Vadodara Super Express Tollway(Ahmedabad Vadodara Expressway NE1 & Highway NH48) 584 537 Joint-VenturesEntities under the IRB Infrastructure Trust (Private InvIT) 3 CG Tollway(Chittorgarh to Gulabpura NH79) 305 301 4 Udaipur Tollway(Udaipur to Shamlaji NH48) 256 230 5 Palsit Dankuni Tollway(Palsit to Dankuni NH19) 135 129 6 AE Tollway (Agra to Etawah NH19) 194 185 7 Yedeshi Aurangabad Tollway (Yedeshi to Aurangabad NH211) 203 229 8 IRB Hapur Moradabad Tollway (Hapur to Moradabad NH 9) 223 182 9 Kaithal Tollway (Kaithal to Rajasthan Border NH152/65) 107 112 10 Kishangarh Gulabpura Tollway (Kishangarh to Gulabpura NH79A & NH79) 190 196 11 IRB Westcoast Tollway (Karwar to Kundapura NH66) 87 90 12 Solapur Yedeshi Tollway (Solapur to Yedeshi NH211) 101 111 13 IRB Golconda Expressway (Hyderabad Outer Roing Road) 633 - 14 Samakhiyali Tollway (Samakhiyali to Santalpur NH27) 110 - 15 IRB Lalitpur Tollway (Lalitpur Lakhnadon NH44 – TOT 12) 345 - 16 IRB Kota Tollway (Kota Bypass – TOT 13) 63 - 17 IRB Gwalior Tollway (Jhansi Gwalior NH44 – TOT 13) 100 - Total 4988 3651 About IRB Infrastructure Developers IRB Infrastructure Developers (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in the roads and highways segment. The company has acquired ISO certification in Quality (ISO 9001); Environment Management (ISO 14001), Occupational Health and Safety (ISO 45001) and IT Security (ISO 27001) from the ISOQAR, United Kingdom. As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of approximately Rs 800 billion in 12 states across the parent company and two InvITs. The company has a strong track record of constructing, tolling, operating, and maintaining around 18,500 lane km pan India in its existence of more than 25 years in India; of which 15,500 lane kms are under operations at present. The group commands a market share of around 38 percent in the TOT space. It also comprises 12 percent share in India’s North South highway connectivity. After successfully completing 13 concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 26 road projects that include 18 BOT, four TOT and four HAM projects.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?