IRB Infra’s prospects improve

Infrastructure developers continue to see improving prospects led by rising toll collections, pick-up in execution and good order flows. Indias largest road toll operator, IRB Infrastructure Developers performance for the quarter ending September (Q2), saw sharp increase in toll collections that touched pre-Covid level across portfolio by September end. However, while toll collection was strong, overall performance was a mixed bag with monsoon season leading to soft EPC(construction segment) revenues.

Courtesyg: Google (photo)

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