IRB Infrastructure Developers Ltd, a major player in the highway sector, has witnessed a significant growth in toll collection. The group has collectively reported toll revenue of Rs 417 crore for the period of August 2023. In comparison with last year, the August 2023 collection is 28 per cent higher.
In the same period last year, the company had clocked revenue of Rs 336 crore and thereby it registered Y-o-Y growth of 24 per cent. The company’s wholly-owned subsidiaries, which manage Mumbai-Pune project and Ahmedabad-Vadodara project, reported aggregate toll revenue of Rs 198 crore last month. In the same period last year, it collected toll revenue of Rs 165 crore and thereby witnessed growth of 20 per cent.
