India toll transactions fall 5.2% in April-September
In short
Government data showed toll transactions in India fell 5.2% to 2.13 billion in April-September from 2.25 billion a year earlier. Toll revenue still rose 6.27% to Rs 42,971.82 crore from Rs 40,433.53 crore.
The report says the annual pass is hurting transaction volumes. It does not say how long the slowdown will last.
What the reporting says
Government data showed toll volumes fell 5.2% to 2.13 billion in April-September from 2.25 billion in the year-ago period. Toll revenue still rose 6.27% to Rs 42,971.82 crore from Rs 40,433.53 crore, but at a much slower pace than in previous years. The reporting suggests annual pass usage weighed on transactions, while the exact reason for the slower growth is not further explained.
Why it matters
Government data showed India’s toll traffic fell to 2.13 billion in April-September from 2.25 billion a year earlier, while revenue rose to Rs 42,971.82 crore from Rs 40,433.53 crore. The report says annual-pass usage is taking a toll on transactions, but it does not quantify how much or say whether this will persist. The slower revenue growth matters for toll operators and road users.