Sadbhav Infra reports 10 per cent rise in toll revenues
Leading road BOT company, Sadbhav Infrastructure reported 10.7 per cent YoY increase in toll revenue for Q4FY18.
Sadbhav Infrastructure Project Limited (SIPL) is a subsidiary of Sadbhav Engineering Limited. The company reported toll revenue for 10 operational Special Purpose Vehicles (SPVs), excluding NSEL. Toll revenues for these 10 projects grew to Rs. 2,620 million in Q4FY18 as against Rs. 2,367.20 million in Q4FY17, which is a 10.7 per cent increase.
Following is a break-up of toll revenue according to projects:
SPV | Q4FY18 | Q4FY17 |
Ahmedabad Ring Road (ARRIL) | Rs. 245.3 million | Rs. 224.1 million |
Aurangabad Jalna Tollway (AJTL) | Rs. 102.2 million | Rs. 90.9 million |
Bijapur-Hungund Tollway (BHTPL) | Rs. 318.9 million | Rs. 292.8 million |
Hyderabad Yadgiri Tollway (HYTPL) | Rs. 179.3 million | Rs. 153.1 million |
Maharashtra Border Check Post Network (MBCPNL) | Rs. 493.5 million | Rs. 448.3 million |
Dhule Palesner Tollway (DPTL) | Rs. 474.7 million | Rs. 449.1 million |
Rohtak-Panipat Tollway (RPTPL) | Rs. 290.0 million | Rs. 224.7 million |
Shreenathji-Udaipur Tollway (SUTPL) | Rs. 261.7 million | Rs. 249.7 million |
Bhilwara-Rajsamand Tollway (BRTPL) | Rs. 104.0 million | Rs. 104.6 million |
Rohtak-Hissar Tollway (RHTPL) | Rs. 150.3 million | Rs. 130.0 million |
Incorporated in 2007, Sadbhav Infrastructure Project Limited is an asset holding company for road and other infrastructure projects. The company develops, operates and maintains highways, roads and related projects. The company manages projects in Gujarat, Haryana, Karnataka, Madhya Pradesh Maharashtra, Rajasthan and Telangana.
On Monday, the stock of Sadbhav Infra closed at Rs. 135 per share, up by 0.52 per cent on BSE.