REITS-INVITS company IRB InvIT Fund announced Q4FY23 & FY23 results: IRB InvIT to distribute Rs 116 crore at Rs 2 per unit for Q4FY23 Aggregate distribution for FY23 is Rs 467 crore, at Rs 8.05 per unit Cumulative distribution since IPO crosses 57% to Rs 3,387 crore Good recovery in revenue over FY22 despite the completion of 2 concessions The first HAM project added to the portfolio FY23 toll revenue rises 26% YoY Electronic toll collection is now ~ 95% While commenting on the occasion, the Spokesperson, IRB Infrastructure, said, “The InvIT has well managed to continue with this distribution, despite certain odds like handing over two concessions due to completion. 26% rise in toll collection across all assets despite these odds, along with FASTag toll collection of around 95% is noteworthy. Adding a HAM Asset, the first one for the Trust, which would ensure consistent periodic revenue inflow, is another feather in the crown.” He further added, “Trust will continue to explore opportunities to acquire assets.” Result PDF