IRB Infra’s April-June Toll Revenue Rises 8% Despite Early Monsoon Hit

IRB Infrastructure Developers Ltd. on Friday said it, along with its private InvIT IRB Infrastructure Trust, collected ₹16.80 billion in toll revenue during the April–June quarter, marking an 8% on-year growth. The increase came despite a marginal dip in traffic due to the early arrival of monsoon in several parts of the country.

In June alone, the combined toll revenue rose marginally to ₹5.45 billion from ₹5.17 billion a year ago.

The company’s wholly-owned unit, IRB MP Expressway Pvt. Ltd., which manages the Mumbai-Pune Expressway and the old Mumbai-Pune National Highway, was the top contributor, clocking ₹1.48 billion in June tolls—up 1.8% on year. IRB Ahmedabad Vadodara Super Express Tollway Pvt. Ltd. collected ₹628 million, a 3.5% rise on year. Other contributions came from joint venture projects.

IRB's Deputy CEO Amitabh Murarka said the company expects the positive trend to continue with upcoming project completions expected to enhance revenue visibility.