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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
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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
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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:
-
Kiwishka Prasad, Concept PR, 75068 61969 [email protected]
-
Vivek Devasthali, Head – Corporate Communications, 99300 80099, [email protected]
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