Hot Pursuit     11-Apr-23
IRB Infra gains after toll collection jumps 21% YoY
IRB Infrastructure Developers advanced 1.89% to Rs 26.37 after the company's gross toll collection rose 21% to Rs 369.93 crore in March 2023 as compared with Rs 306.62 crore in March 2022.
The firm's gross toll collection increased by 5.18% as against Rs 351.70 crore in February 2023.

The gross toll collection of IRB Infra's wholly-owned subsidiaries in March 2023 was Rs 176.89 crore, up 4.79% year on year (YoY) and increased by 4.21% month on month (MoM).

The joint ventures entities under IRB Infrastructure Trust reported gross toll collection of Rs 193.04 crore, up 40.07% YoY. It climbed 6.1% as against Rs 181.95 crore reported in February 2023.

IRB Infrastructure Developers (IRB) is India's first Multinational Infrastructure player in Highways segment. As the largest integrated private toll roads and highways infrastructure developer in India, with this win, IRB group's asset base will swell to over Rs 62,000 crore spread in 10 States across the parent company and two InvITs.

The company's consolidated net profit increased by 94.50% to Rs 141.36 crore on a 18.37% rise in sales in Q3 FY23 over Q3 FY22.

Previous News
  IRB Infrastructure Developers consolidated net profit rises 101.63% in the September 2022 quarter
 ( Results - Announcements 21-Oct-22   14:52 )
  IRB Infrastructure Developers to announce Quarterly Result
 ( Corporate News - 14-Oct-22   19:10 )
  IRB Infra gains as toll collection jumps 19% YoY in November
 ( Hot Pursuit - 08-Dec-23   10:14 )
  IRB Infra rises after April toll collection jumps 19% YoY
 ( Hot Pursuit - 10-May-23   12:26 )
  IRB Infra continues its effort for return enhancement with refinancing of yet another completed project
 ( Corporate News - 29-Dec-22   19:28 )
  IRB Infra's project SPV raises Rs 800 cr via NCDs
 ( Corporate News - 09-Sep-22   19:02 )
  IRB Infra slips after Q4 PAT drops 37% YoY
 ( Hot Pursuit - 28-May-21   09:44 )
  IRB Infras achieves financial closure for Samakhiyali Santalpur BOT Project
 ( Corporate News - 21-Sep-23   19:33 )
  IRB Infrastructure Developers EGM scheduled
 ( Corporate News - 28-Oct-21   19:36 )
  IRB Infra receives provisional certificate for project on Vadodara Mumbai Expressway
 ( Corporate News - 04-Apr-22   19:28 )
  IRB Infrastructure Developers appoints director
 ( Corporate News - 11-Feb-22   15:20 )
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