IRB Infra Toll Revenue Increases 10% to Rs 5.54 Bn in April

09 May 2025 CW Team

IRB Infrastructure reported a 10 per cent increase in its toll revenue, reaching Rs 5.54 billion in April, compared to Rs 5.03 billion during the same month last year.

Of the 17 tolls operated by the company, IRB MP Expressway in Maharashtra was the largest contributor, accounting for Rs 1.50 billion of the total revenue in April. This marked an increase from Rs 1.40 billion in April 2024, according to an exchange filing by IRB.

The IRB Ahmedabad Vadodara Super Express Tollway’s contribution rose to Rs 650.4 million, up from Rs 590.2 million in 2024, the company stated.

The CG Tollway (Chittorgarh to Gulabpura NH 79) contributed Rs 320.7 million, making it the third largest contributor to the revenue in April, which was an increase from Rs 290.7 million the previous year. Udaipur Tollway collected Rs 270.2 million in toll revenue, a rise from Rs 250.5 million a year ago.

Amitabh Murarka, Deputy CEO of the company, noted that the company had concluded FY25 with strong momentum, which carried into April 2025, as reflected in the 10 per cent year-on-year growth in toll revenues. He added that given the overall performance of the Indian economy and the implementation of budgetary provisions, this positive trend was expected to continue into FY26.

IRB is India’s first integrated infrastructure player in the highways segment and the country’s largest private toll roads and highways infrastructure developer, with an asset base of over Rs 800 billion across 12 states.

News source: Rediff

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..