IRB Infrastructure Reports 19% Y-o-Y Growth in Dec 2024 Toll Collection
IRB Infrastructure Developers Ltd and IRB Infrastructure Trust (Private InvIT) have announced a strong year-on-year growth of 19% in toll collection for December 2024. The total toll collection for the month stood at Rs. 5,799 million (Rs. 580 crores), up from Rs. 4,880 million (Rs. 488 crores) in December 2023.
Shri Amitabh Murarka, Deputy CEO of the company, commented, "We have witnessed impressive growth across our portfolio this month. Looking ahead, we anticipate this positive trend in toll collection to continue, driven by India's robust GDP growth, which is expected to increase vehicular traffic across our network spanning 12 states."