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IRB Infra March toll collection revenue grows by 20% to Rs 370 cr

On a month-on-month basis, the collection in March was 5.38 per cent higher, as against Rs 351 crore in February 2023

IRB Infrastructure Developers

IRB Infrastructure Developers

Press Trust of India New Delhi

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IRB Infrastructure Developers has reported a 20.64 per cent rise in revenues from its toll collection business at Rs 369.9 crore in March 2023.

During the same month last year, "the toll revenue from the subsidiaries and joint venture entities of the company was at Rs 306.6 crore," IRB Infrastructure Developers said in a regulatory filing on Monday.

On a month-on-month basis, the collection in March was 5.38 per cent higher, as against Rs 351 crore in February 2023.

The Mumbai-headquartered company has a major presence in the build-operate-transfer (BOT) space. It is the largest integrated private toll roads and highways infrastructure developer in the country.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 11 2023 | 12:30 PM IST

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