IRB Infrastructure Trust (Pvt InvIT of IRB) has secured the bid for the Lalitpur – Lakhnadon stretch of NH44, covering approximately 316km under the Toll-Operate-Transfer (TOT) model. This project in Madhya Pradesh takes IRB’s presence to 12 Indian states now. Along with this new project, the company recorded a growth of 12% in its net profits for Q2FY24. Further, toll revenue across IRB and its associates has increased by 22% for the second quarter, 20% for the first half of the fiscal year. These results cement IRB’s position as a leading infrastructure development company in the country.