Innovision Changes Toll Fee Recognition, Boosts PAT by ₹323.76 Cr

Innovision Ltd announced a significant change in its accounting estimates, approved by its Audit Committee and Board of Directors. Effective July 01, 2026, the company will recognize fees payable to NHAI on a basis proportionate to estimated monthly vehicular traffic, moving away from the previous straight-line method. This change, in accordance with IND AS 8, aims to better reflect the actual consumption pattern of toll collection rights, considering seasonal traffic variations. For the quarter and half-year ended September 30, 2026, this revision resulted in a decrease in toll fee expense by ₹323.76 Crores, leading to a corresponding increase in profit before tax by the same amount. The total contractual fees and obligations to NHAI remain unchanged. The change is applied prospectively.