New Delhi (BharatNeeti): IRB Infrastructure Developers Ltd and IRB Infrastructure Trust (Private InvIT) have collectively reported strong Y-o-Y growth of 19 per cent in toll collection for the month of December 2024.
In December, the aggregate toll collection for the month under review is Rs 580 crore as against Rs 488 crore in the corresponding month of FY24. Commenting on the occasion, Amitabh Murarka, Dy CEO of the Company said, “We’ve seen impressive growth in the current month across our portfolio. Looking ahead, we expect this upward trend in toll collection to continue, driven by India’s robust GDP growth, which should boost vehicular traffic across our 12-state network.”
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.
