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Noida Toll Bridge Company Ltd Q1FY24; 49% fall in Revenue

Noida Toll Bridge Company Ltd was promoted by IL&FS Ltd as a special purpose vehicle for the implementation of Delhi Noida bridge project on a Build, Own, Operate and Transfer (BOOT) basis. The Delhi Noida bridge (commonly known as the DND Flyway) was opened to traffic in 2001. It is an eight lane, 7.5 km tolled facility across the Yamuna River, connecting Noida to South Delhi.

Financial Results:

Noida Toll Bridge Company Ltd reported Revenues for Q1FY24 of ₹3.24 Crores down from ₹6.35 Crore year on year, a fall of 48.98%.

Total Expenses for Q1FY24 of ₹12.96 Crores down from ₹15.33 Crores year on year, a fall of 15.46%.

Consolidated Net Profit of -₹9.19 Crores from -₹8.83 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.49, from -₹0.47 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Toll Bridge
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