IRB Infrastructure Developers Limited — Capital/Financing Update 2024

Jan 8, 2024

January 8, 2024

To,

Corporate Relationship Department, Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G Dalal Street, Mumbai 400 001. Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Dear Sir,

Ref.: Scrip Code: 532947, Symbol: IRB

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

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

Please find enclosed press release in this regard.

Kindly take the same on record.

For IRB Infrastructure Developers Limited

Digitally signed by MEHULKUMA MEHULKUMAR R NATWARLAL NATWARLAL PATEL PATEL Date: 2024.01.08 17:33:37 +05'30'

Mehul Patel Company Secretary

IRB Infrastructure Developers Limited

Gross Toll collection

Toll Collection increase ~ 26% on Y-o-Y basis

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

(Rs. in millions)

Sr. No.	Company Name	Dec, 2023	Dec, 2022
1	IRB MP Expressway Pvt Limited*	1,584	1,321
2	IRB Ahmedabad Vadodara Super Express Tollway Private Limited*	660	601
3	CG Tollway Limited^	315	307
4	Udaipur Tollway Limited^	263	226
5	Palsit Dankuni Tollway Private Limited^	155	181
6	AE Tollway Limited^	213	196
7	Yedeshi Aurangabad Tollway Limited^	217	240
8	IRB Hapur Moradabad Tollway Limited^	261	231
9	Kaithal Tollway Limited^	125	127
10	Kishangarh Gulabpura Tollway Limited^	201	207
11	IRB Westcoast Tollway Limited^	129	122
12	Solapur Yedeshi Tollway Limited^	114	121
13	IRB Golconda Expressway Private Limited^**	627	-
14	Samakhiyali Tollway Private Limited^#	16	-
		4,880	3,880

*Wholly-owned Subsidiaries of the Company

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

**The Project SPV has received the Appointed Date from HMDA & Toll Collection commenced from August 12, 2023.

The Project SPV has received the Appointed Date from NHAI & Toll Collection commenced from December 28, 2023.

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Press Release

IRB Infra and its Private InvIT Associate, IRB Infrastructure Trust report 26% growth in the aggregate toll collection for December 2023

• December 2023 toll collection is Rs.4,880 Mn vs. Rs.3,880 Mn in December 2022

• Samakhiyali Santalpur BOT project in Gujarat State starts toll collection from 28[th] December 2023.

Mumbai, January 08, 2024: India’s leading and the largest integrated multi-national transport infrastructure developer in highways sector, IRB Infrastructure Developers Limited and its associate IRB Infrastructure Trust, the largest Infrastructure Investment Trust in India’s highways sector, have collectively reported toll collection growth of 26% in the month of December 2023 over the corresponding month of FY23, i.e., December 2022.

The toll collection for December 2023 reported is Rs.4,880 Mn, as against the toll collection of Rs. 3,880 Mn in December 2022.

Commenting on the occasion, Shri Amitabh Murarka, Dy CEO of the Company said, “Much pleased to see the continued growth momentum across all our highways assets. Since, the second half of the FY is always better from Toll Collection perspective, we expect this growth to continue for the remaining quarter of FY24 too, especially after Samakhiyali Santalpur BOT project in the State of Gujarat which started toll collection from December 28, 2023, and will have full month toll revenue in remaining months of FY24.”

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

Sr. No	Company Name	December 2023 (Rs. in Millions)	December 2022 (Rs. in Millions)
	**Operational days **	31	31
1	IRB MP Expressway Pvt Limited (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4)	1,584	1,321
2	IRB Ahmedabad Vadodara Super Express Tollway Private Limited (Ahmedabad Vadodara Expressway NE1 and Highway NH48)	660	601
3	CG Tollway Limited (Chittorgarh to Gulabpura NH79)	315	307
4	Udaipur Tollway Limited (Udaipur to Shamlaji NH48)	263	226
5	Palsit Dankuni Tollway Private Limited (Palsit to Dankuni NH19)	155	181
6	AE Tollway Limited (Agra to Etawah NH19)	213	196
7	Yedeshi Aurangabad TollwayLimited	217	240

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Press Release

	(Yedeshi to Aurangabad NH211)
8	IRB Hapur Moradabad Tollway Limited (Hapur to Moradabad NH 9)	261	231
9	Kaithal Tollway Limited (Kaithal to Rajasthan Border NH152/65)	125	127
10	Kishangarh Gulabpura Tollway Limited (Kishangarh to Gulabpura NH79A & NH79)	201	207
11	IRB Westcoast Tollway Limited (Karwar to Kundapura NH66)	129	122
12	Solapur Yedeshi Tollway Limited (Solapur to Yedeshi NH211)	114	121
13	IRB Golconda Expressway Private Limited (Hyderabad Outer Roing Road)	627	-
14	Samakhiyali Tollway Private Limited * (Samakhiyali to Santalpur NH27)	16	-
	Total	4,880	3,880

*Toll collection of 4 days of December 2023

About IRB Infrastructure Developers Ltd:

IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in Roads & Highways segment. As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of over Rs.77,000 Crs. in 12 States across the parent company and two InvITs.

The Company has strong track record of constructing, tolling, operating, and maintaining around 18,500 lane Kms pan India in its existence of 25 years in 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 around 38%.

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 26 road projects that include 18 BOT, 4 TOT, and 4 HAM projects.

For further details, please contact:

• Kiwishka Kaur Kalsi, Concept PR, 75068 61969 kiwishka@conceptpr.in

• Vivek Devasthali, Head, Corporate Communications, 99300 80099, vivek.devasthali@irb.co.in

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