IRB Infrastructure toll revenue grows 18% to Rs 1,183 cr in Apr-Jun quarter

IRB Infrastructure Developers Ltd (IRB) on Monday said its revenue from toll collection grew by 18 per cent to Rs 1,183 crore in the first quarter of this financial year.

Toll collection stood at Rs 1,000 crore in April-June quarter of preceding 2022-23, IRB said in a statement.

“IRB and its private InvIT, namely IRB Infrastructure Trust, have registered a toll revenue growth of 16 per cent in the month of June 2023. Toll revenue growth for Q1FY24 for both entities was 18 per cent over the toll revenue in corresponding quarter of FY23,” it said.