Hot Pursuit     11-Oct-22
IRB Infra gains as toll collections jumps 37% YoY in September 2022
IRB Infrastructure Developers rose 1.17% to Rs 216.85 after the company's gross toll collection improved by 37% to Rs 328.24 crore in September 2022 as compared to Rs 240.29 crore reported in September 2021.

Sequentially, the company's gross toll collection declined 2.31% as against Rs 335.99 crore recorded in August 2022.

The gross toll collection of IRB Infra's wholly-owned subsidiaries in September 2022 was Rs 156.64 crore, up 9.31% year on year (YoY) and down 5.15% month on month (MoM).

The joint ventures entities under IRB Infrastructure Trust reported gross toll collection of Rs 171.6 crore (up 76.93% YoY) for the period under review. It is higher by 0.44% as compared with Rs 163.1 crore reported in August 2022.

IRB Infrastructure Developers (IRB) is India's first integrated multinational infrastructure player in highways segment. As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of over Rs 60,000 crore in 10 States across the parent company and two InvITs.

The company's consolidated net profit zoomed to Rs 363.19 crore in the quarter ended June 2022 as against Rs 71.91 crore during the previous quarter ended June 2021. Sales rose 18.38% to Rs 1924.57 crore in Q1 FY23 over Q1 FY22.

Previous News
  PNC Infratech Ltd leads losers in 'A' group
 ( Hot Pursuit - 11-Jun-24   15:00 )
  IRB Infrastructure Developers to hold EGM
 ( Corporate News - 10-Jul-23   14:26 )
  IRB Infrastructure Developers consolidated net profit rises 4.61% in the December 2021 quarter
 ( Results - Announcements 11-Feb-22   07:58 )
  IRB Infrastructure Developers to convene board meeting
 ( Corporate News - 26-Jul-23   11:58 )
  IRB Infras achieves financial closure for Samakhiyali Santalpur BOT Project
 ( Corporate News - 21-Sep-23   19:33 )
  IRB Infras hits record high as toll collection jumps 26% YoY in Dec’23
 ( Hot Pursuit - 09-Jan-24   10:36 )
  Ashoka Buildcon Ltd leads gainers in 'A' group
 ( Hot Pursuit - 09-Jan-24   12:00 )
  Cintra (subsidiary of Ferrovial) to acquire 24% stake in IRB Infrastructure Trust
 ( Corporate News - 14-Mar-24   10:07 )
  IRB Infrastructure Developers fixes record date for interim dividend
 ( Market Beat - Reports 20-Oct-23   17:59 )
  IRB Infrastructure Developers consolidated net profit rises 94.50% in the December 2022 quarter
 ( Results - Announcements 14-Feb-23   07:45 )
  IRB Infrastructure and GIC Affiliates invest Rs 242.50 cr in IRB Infrastructure Trust
 ( Corporate News - 22-Apr-22   09:40 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top