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IRB Infrastructure Developers Limited Capital/Financing Update 2023

Jun 8, 2023

62323_rns_2023-06-08_b48f3f29-86e5-486d-b164-57b8ce58fd42.pdf

Capital/Financing Update

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June 8, 2023

To,

Corporate Relationship Department, National Stock Exchange of India Limited BSE Ltd Exchange Plaza P.J. Towers, 1[st] Floor, Bandra – Kurla Complex, Bandra (East) Dalal Street, Mumbai - 400 023 Mumbai – 400 051

Dear Sir,

Ref: Scrip Code: 532947, Symbol: IRB

Subject: Toll Revenue for May 2023 (Reg 30 of SEBI LODR)

Please find enclosed Project-wise toll revenue for the Month of May 2023 for the subsidiaries & Joint venture entities of the Company.

Kindly take the same on record.

For IRB Infrastructure Developers Ltd

MEHULKUMAR NATWARLAL PATEL Digitally signed by MEHULKUMAR NATWARLAL PATEL DN: c=IN, o=PERSONAL, pseudonym=01335652c8d346f7a5b33276d9fa082e, 2.5.4.20=94a78f064dab4ff39b7861edcf64efc2459100e5464ea6f9ea45f7ffdd0e48dc, postalCode=400607, st=MAHARASHTRA, serialNumber=4a1816113b59302c922bb55f82b11efd9325486d58d16564a6d1458dd0a6a0fe, cn=MEHULKUMAR NATWARLAL PATEL Date: 2023.06.08 20:41:02 +05'30'

Mehul Patel Company Secretary

IRB Infrastructure Developers Limited

Gross Toll collection

Toll Collection increase ~ 20% on Y-o-Y basis

The toll collection details Project and SPV wise are as follows:

(Rs. in millions) (Rs. in millions)
Sr. No. Company Name May, 2023 May, 2022
Operational days 31 31
1 IRB MP ExpresswayPrivate Limited* 1,489.88 1,263.87
2 IRB Ahmedabad Vadodara Super Express Tollway Private
Limited*
609.77 544.80
3 CG TollwayLimited^ 311.93 273.07
4 Udaipur TollwayLimited^ 244.27 214.54
5 Palsit Dankuni TollwayPrivate Limited^ 162.45 176.79
6 AE TollwayLimited^ 201.81 185.47
7 Yedeshi Aurangabad TollwayLimited^ 247.61 200.88
8 IRB Hapur Moradabad TollwayLimited^ 260.13 130.03
9 Kaithal TollwayLimited^ 120.30 131.89
10 Kishangarh Gulabpura TollwayLimited^ 206.57 101.56
11 IRB Westcoast TollwayLimited^ 129.47 105.74
12 Solapur Yedeshi TollwayLimited^ 127.30 106.42
Total 4,111.50 3,435.07

*Wholly-owned Subsidiaries of the Company

^Joint Ventures - Entities under - IRB Infrastructure Trust (Pvt. InvIT)

Highway to Growth Press Release

==> picture [87 x 36] intentionally omitted <==

IRB Infra and its listed Private InvIT report 20% growth in Toll Revenue for May 2023

May 2023 toll revenue is Rs.411 Crs against Rs.343 Crs in the corresponding month of FY22

Mumbai, June 8, 2023: IRB Infrastructure Developers Limited, India’s leading and the largest integrated multinational infrastructure player in the highways sector and its listed private InvIT, IRB Infrastructure Trust has collectively registered toll collection growth of 20% in May 2023 against May 2022.

The toll collection for May 2023 rose to Rs. 411 Crs from Rs. 343 Crs in May 2022.

Commenting on the occasion, Shri Virendra D. Mhaiskar, Chairman & Managing Director of IRB Infrastructure Developers Limited said, “After a promising start in April 2023 on toll collection front, it seems the momentum is continued in May 2023; thus, reinforcing consistency and robustness in growth across all highway corridors we manage across India.”

The toll collection details Project and SPV wise are as follows:

Sr.
Company Name May 2023
(Rs. in Millions)
May 2022
(Rs. in Millions)
No **Operational days ** 31 31
1 IRB MP Expressway Pvt Limited 1,489.88 1,263.87
2 IRB Ahmedabad Vadodara Super Express Tollway Private
Limited
609.77 544.80
3 CG Tollway Limited 311.93 273.07
4 Udaipur Tollway Limited 244.27 214.54
5 Palsit Dankuni Tollway Private Limited 162.45 176.79
6 AE TollwayLimited 201.81 185.47
7 Yedeshi AurangabadTollwayLimited 247.61 200.88
8 IRB Hapur MoradabadTollwayLimited 260.13 130.03
9 Kaithal Tollway Limited 120.30 131.89
10 Kishangarh Gulabpura Tollway Limited 206.57 101.56
11 IRB Westcoast Tollway Limited 129.47 105.74
12 Solapur Yedeshi TollwayLimited 127.30 106.42
**Total ** 4,111.50 3,435.07

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Highway to Growth Press Release

==> picture [87 x 36] intentionally omitted <==

About IRB Infrastructure Developers Ltd:

IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated 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.70,000 Crs. in 11 States across the parent company and two InvITs.

The Company has strong track record of constructing, tolling, operating and maintaining around 17,200 lane Kms pan India.

It has approx. 20% share in India’s prestigious Golden Quadrilateral project, which is the largest by any private infrastructure developer in India. In the TOT space, the group commands a market share of 37%.

After successfully completing 13 Concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 24 road projects that include 18 BOT, 2 TOT, and 4 HAM projects.

For further details, please contact:

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