
Joint Venture7 Dec 2023, 11:30 pm
IRB Infrastructure Developers Limited Reports 20% YoY Increase in Toll Collection in November 2023
AI Summary
IRB Infrastructure Developers Limited has announced the toll collection details for the month of November 2023, showing a 20% increase in toll collection compared to the same period last year. The company's gross toll collection for the month stood at Rs. 1,411.48 million, with its wholly-owned subsidiaries and joint ventures entities reporting a combined toll collection of Rs. 3,659.60 million. The company's subsidiaries and joint ventures entities have received appointed dates from HMDA and have started toll collection on the projects from August 12, 2023.,
Key Highlights
- 20% YoY increase in toll collection in November 2023
- Gross toll collection of Rs. 1,411.48 million in November 2023
- Combined toll collection of Rs. 3,659.60 million from subsidiaries and joint ventures entities
- Appointed dates received from HMDA for toll collection on projects from August 12, 2023