Sadbhav Engineering’s collection of toll revenue from its 7 operational Special Purpose Vehicles (SPVs) has increased from Rs 84.27 crore in Q1FY14 to Rs 139.28 crore in Q1FY15. The company’s toll revenue from its Ahmedabad Ring Road Infrastructure (ARRIL) in Q1FY15 has increased by 2.97% to Rs 18.84 crore from Rs 18.30 crore in Q1FY14. The toll revenue for month of May and June, 2014 has increased by 10.52% y-o-y.
The Aurangabad Jalna Tollway (AJTL) toll revenue in Q1FY15 has increased by 4.35% to Rs 8.54 crore from Rs 8.18 crore in Q1FY14 while Bijapur Hungund Tollway (BHTPL) toll revenue in Q1FY15 has increased by 4.76% to Rs 25.52 crore from Rs 24.36 crore in Q1FY14. The toll revenue for month of May and June, 2014 has increased by 7.37% y-o-y.
Besides, Hyderabad Yadgari Tollway (HYTPL) toll revenue in Q1FY15 has increased by 17.31% to Rs 11.14 crore from Rs 9.50 crore in Q1FY14 while Maharashtra Border Check Post (MBCPNL) toll revenue in Q1FY15 has increased by 1076.08% to Rs 19.61 crore from Rs 1.67 crore in Q1FY14. During Q1FY14, only 1 check posts was generating revenue while in Q1FY15, 9 check posts were generating revenue including 3 check posts which started generating revenue by start of May-2014.
Further, Dhule Palasner Tollway (DPTL) toll revenue in Q1FY15 has increased by 52.25% to Rs 33.89 crore from Rs 22.26 crore in Q1FY14 while Rohtak Panipat Tollway (RPTPL) toll revenue in Q1FY15 stood at Rs 21.74 crore.
Sadbhav Engineering (SEL) is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.
