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Virendra D. Mhaiskar-driven IRB Infrastructure Developers Reports 20 Pc Rise in Toll Collection in January

Virendra D. Mhaiskar, (Chairman & Managing Director), IRB Infrastructure Developers Ltd (IRB)
Virendra D. Mhaiskar, (Chairman & Managing Director), IRB Infrastructure Developers Ltd (IRB)
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New Delhi (BharatNeeti):  IRB Infrastructure Developers Ltd (IRB), India’s leading and the largest transport infrastructure developer, has reported a robust toll collection growth of 20 per cent for the month of January 2025, over corresponding month of 2024.

The Mumbai-based operates a toll 17 tolls across various states in India. IRB along with its private InvIT associate IRB Infrastructure Trust has seen an aggregate toll collection of Rs 560 crore as against Rs 468 crore in the corresponding month of FY24.

Amitabh Murarka, Dy CEO of the Company said, “We are pleased to report continued strong growth, with January 2025 delivering even better results than the preceding month. This momentum is expected to continue, driven by recent Budget allocations aimed at boosting consumption and tourism while enhancing transportation infrastructure, which, in turn, will increase traffic on our assets in 12 states.”

The top five contributors to the toll revenues were IRB MP Expressway Pvt Limited (Rs 155.2 cr), IRB Ahmedabad Vadodara Super Express Tollway (Rs 69.9 cr), CG Tollway Limited (Rs 33.1 cr), Udaipur Tollway Limited (Rs 28 cr) and Palsit Dankuni Tollway Private Limited (Rs 16.1 cr). IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated Multi-National Transport
Infrastructure Developer in Roads & Highways segment.

As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of approximately Rs 80,000 crore in 12 states across the parent company and two InvITs. The company has 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 km are under operations at present.

The group commands a market share of around 33 per cent of the awarded TOT space. It also comprises around 14 per cent share in the prestigious Golden Quadrilateral Highway Project and 12 per cent share in India’s North South highway connectivity.

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