Cube Highways Trust has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2024-25 is 02/06/2025
Awaiting price reaction for this filing.
Cube Highways Trust's Investment Manager has fixed June 2, 2025 as the record date for its Q4 FY25 distribution of INR 3.75 per unit (on a non-diluted basis), comprising INR 1.96 interest income, INR 0.32 dividend income, INR 0.01 treasury income, and INR 1.46 SPV loan repayment. There are 133.44 crore ordinary units outstanding. The Board also approved audited standalone and consolidated financials for FY25, with profit nearly tripling to Rs. 999.57 crore from Rs. 347.80 crore, on revenue of Rs. 2,106.32 crore. The Board approved raising up to Rs. 3,300 crore via bank borrowings or NCDs, and up to Rs. 1,350 crore via commercial papers.
Unitholders on record by June 2, 2025 will receive the INR 3.75 per unit distribution. The strong jump in FY25 profit signals improved cash generation, while the additional borrowing capacity of up to Rs. 4,650 crore could support future acquisitions or refinancing, which may be relevant for unitholders tracking growth and leverage.