Toll collections take a hit due to Covid curbs on mobility

Mobility restrictions to rein in the spread of Covid-19 have caused a 10% dip in April in month-on-month toll collection through Fastag on national highways in, Yes Securities has said.

Toll collection through the electronic Fastag mode was made mandatory from February 15. Around 95% of the total toll collection of the National Highways Authority of India (NHAI) is through Fastag, which has more than three crore users.

According to the brokerage firm, toll collection through Fastag in April fell to Rs 2,780 crore as a result of a decline of around 15% month-on-month in transactions, which stood at 164 crore during the month.