Capital Infra Trus has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Investment Manager's board (Gawar Investment Manager Pvt Ltd) approved the unaudited standalone and consolidated financial results of Capital Infra Trust for Q2 and H1 FY2025-26 (ended September 30, 2025). A distribution of Rs 3.25 per unit was declared for Q2 FY26, comprising Rs 2.52 as interest, Rs 0.71 as taxable dividend, and Rs 0.02 as other income, with a record date of November 19, 2025 and payment on or before November 26, 2025. Standalone Q2 FY26 total income was Rs 1,022.61 million with a profit after tax of Rs 748.98 million, while H1 FY26 posted a small loss of Rs 32.42 million mainly due to a non-cash impairment provision of Rs 3,112.12 million on investments and loans to SPV subsidiaries. Following a ~Rs 345 crore preferential unit issue to sponsors, the Trust's Net Borrowing Ratio stands at 45.6% (net borrowings of Rs 1,837.35 crore against enterprise value of Rs 4,028.30 crore), comfortably within the SEBI InvIT cap of 49%. The Distribution Policy was also amended to align with SEBI InvIT Regulations.
Unitholders receive a consistent quarterly payout, while the capital raise from sponsors and improved leverage position reinforce financial flexibility. The H1 loss is driven by non-cash impairments rather than operational underperformance, but investors should note the declining fair value of underlying SPV assets versus the prior year.