IRB Infra toll revenue up 20% to Rs 560 cr in Jan, highest from Maharashtra

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IRB Infra toll revenue up 20% to Rs 560 cr in Jan, highest from Maharashtra - Business Standard

Quick Summary:

Of its 17 tolls, the IRB MP Expressway in Maharashtra contributed the major share of Rs 155.2 crore to the total revenue collection in January, followed by IRB Ahmedabad-Vadodara Super Express Tollway, which contributed Rs 69.9 crore, it said.

IRB Infrastructure on Monday posted a 20 per cent year-on-year rise in toll revenue to Rs 559.7 crore in January.

This momentum is expected to continue, driven by recent Budget allocations aimed at boosting consumption and tourism while enhancing transportation infrastructure, which, in turn, will increase traffic on our assets in 12 states".