Shares of IRB Infrastructure Builders Ltd gained 2% on Wednesday, 9 April 2025, after the corporate reported robust progress in toll income assortment in March 2025 in comparison with March 2024.
IRB Infrastructure mentioned that toll revenue in March 2025 was Rs 557 crore, up from Rs 481 crore in March 2024.
In FY2024-25 (FY25), IRB Infrastructure Builders Restricted and its Personal InvIT Affiliate IRB Infrastructure Belief elevated toll income by over 23% over FY2023-24 (FY24).
“That is a lot over and above the Nationwide Y-o-Y Toll Income progress of 12.5% for FY2024-25,” IRB Infrastructure highlighted.
Notably, IRB Infrastructure additionally disclosed that the Firm and the Belief generated Rs 6,360 crore in toll income for FY25, which was greater than the Rs 5,169 crore recorded for FY24 as a complete.
Amitabh Murarka, deputy chief government officer of IRB Infrastructure Builders Restricted, mentioned, “We take immense delight within the spectacular 23 per cent progress in Toll Income for FY25, which considerably outpaces the nationwide common of 12.5%. We’re additionally happy to report a powerful end to FY25, with roughly 16% year-on-year improve in our month-to-month Toll Income for March 2025.”
Murarka anticipates this progress development to proceed in FY26, pushed by the Union Funds’s give attention to necessary sectors corresponding to tourism, transportation, and consumption-based industries, in addition to the implementation of Toll Tariff changes.
With an emphasis on roads and highways, IRB Infrastructure Builders Ltd (IRB) is a widely known built-in multi-national transport infrastructure developer. IRB is the most important personal toll highway and freeway developer in India, with over Rs 80,000 crore in belongings distributed throughout 12 states, together with the core enterprise and two Infrastructure Funding Trusts (InvITs).
With greater than 25 years of expertise, IRB Infrastructure has constructed, tolled, maintained, and operated about 18,500 lane kilometres throughout the nation, of which 15,500 are presently in use. The enterprise has a big market share of over 38% within the Toll-Function-Switch (TOT) sector and 12% in India’s North-South freeway connection.
IRB Infrastructure has successfully completed 13 concessions and transferred them to the related nodal organizations. Eighteen Construct-Function-Switch (BOT) initiatives, 4 TOT initiatives, and 4 HAM initiatives make up the IRB Group’s present portfolio of 26 highway initiatives.
Nevertheless, at 3:30 pm, the shares of IRB Infra closed 0.50% decrease at Rs 45.49 on NSE.
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