Capital Infra Trus has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Capital Infra Trust submitted its unaudited Q2 and H1 FY26 results reviewed by Walker Chandiok & Co LLP, which issued an unmodified review report. For Q2 FY26 (Jul-Sep 2025), the Trust posted a profit after tax of ₹748.98 million on revenue from operations of ₹1,017.16 million, helped by an exceptional item of ₹190.71 million representing a reversal of earlier impairment on subsidiary investments/loans. For H1 FY26 overall, however, the Trust reported a small net loss of ₹32.42 million because Q1 FY26 had absorbed a ₹3,302.83 million impairment provision. Net Distributable Cash Flows (NDCF) for Q2 FY26 stood at ₹1,035.65 million, and a distribution of ₹3.25 per unit (₹1,035.65 million) was declared post-quarter. Subsequent events include unitholder approval to raise up to ₹24,000 million, plans to acquire three ROFO assets from the sponsor, and a ₹345 crore preferential unit allotment to the sponsor (4.32 crore units at ₹79.75) aimed at debenture repayment.
Short-term results are distorted by large one-time impairment provisions on subsidiary assets/loans, but improving NDCF and reversal in Q2 suggest underlying cash generation is intact. The ₹24,000 crore fundraise plan and ₹345 crore preferential issue to the sponsor may be dilutive, though proceeds are earmarked for reducing debt at a higher cost.