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IRB Infrastructure Developers Ltd reported a significant growth of 19% in toll collections for December 2024, totaling Rs. 580 Crore compared to Rs. 488 Crore in December 2023. The total gross toll collection across its subsidiaries and joint ventures amounted to Rs. 5,799 million, indicating robust performance across its portfolio, driven by increased vehicular traffic expected from India's strong GDP growth. Notably, IRB MP Expressway Pvt Ltd and IRB Ahmedabad Vadodara Super Express Tollway Pvt Ltd were major contributors, with collections of Rs. 1,634 million and Rs. 707 million, respectively. With a strong market share in the infrastructure sector and ongoing project opportunities, the company exhibits a positive outlook, anticipating continued growth in toll revenue as traffic increases across its extensive network.
All announcements from IRB Infrastructure Developers Limited