+
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 Transport

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Next Story
Infrastructure Transport

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Next Story
Infrastructure Transport

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App