IRB Infra's February Toll Revenue Jumps 18% to Rs 5.29 Billion
IRB Infrastructure Developers Ltd and its private InvIT associate, IRB Infrastructure Trust, reported an 18% year-on-year increase in toll revenue for February 2025. The company’s daily toll collection rose to Rs 190 million, up from Rs 160 million in February 2024, bringing the total monthly revenue to Rs 5.29 billion compared to Rs 4.62 billion in the same period last year. The company expects further growth in toll revenue driven by rising traffic across its assets in 12 states, supported by budgetary allocations to transportation infrastructure, tourism, and consumption-based sectors. Despite the revenue surge, shares of IRB Infrastructure Developers Ltd closed at Rs 44.52 on the BSE, down Rs 0.47 or 1.04%. (CNBCTV18)
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