“Our toll revenue has demonstrated remarkable resilience, achieving a 19% Y-o-Y growth despite severe rains in some of the regions. As we look ahead to the festive season, we are optimistic about sustaining the growth, driven by increased travel and economic activities,” said Amitabh Murarka, deputy chief executive officer of IRB Infrastructure Developers Limited.

IRB Infrastructure Developers Ltd (IRB) is a leading Integrated Multi-National Transport Infrastructure Developer, specialising in the Roads & Highways sector. As the largest private toll roads and highways developer in India, IRB boasts an asset base of approximately Rs 80,000 crore across 12 states, encompassing both the parent company and two Infrastructure Investment Trusts (InvITs).

With over 25 years of experience, IRB has successfully constructed, tolled, operated, and maintained around 18,500 lane kilometres nationwide, with 15,500 lane kilometres currently under operation. The company holds a major market share of approximately 38 per cent in the Toll-Operate-Transfer (TOT) segment and a 12 per cent share in the North-South highway connectivity in India.

IRB has successfully completed 13 concessions, handing them over to the relevant nodal agencies. Currently, the IRB Group’s project portfolio includes 26 road projects, comprising 18 Build-Operate-Transfer (BOT), 4 TOT, and 4 Hybrid Annuity Model (HAM) projects.

At 9:37 AM, IRB Infra shares were trading 1.97 per cent higher at Rs 60.05 per share. In comparison, BSE Sensex was trading 0.17 per cent higher at 81,774.23 levels.

First Published: Oct 09 2024 | 9:41 AM IST