BSEDigital Fibre Infrastructure TrustMediumNeutral
Announced Wed, 12 Nov · 19:19 IST

Digital Fibre Infrastructure Trust has informed the Exchange regarding Disclosure of material issue

Emphasis Of MatterRelated Party TransactionsResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Digital Fibre Infrastructure Trust (DFIT), a Reliance-sponsored InvIT, filed its half-yearly report for H1 FY2026 (ended September 30, 2025). The Trust holds 51% in Jio Digital Fibre Private Ltd (JDFPL), which operates a 30 million fibre pair km network. Standalone revenue was ₹2,932 crore (vs ₹2,949 crore in H1 FY2025) and standalone profit was ₹947 crore (vs ₹952 crore). JDFPL reported revenue of ₹9,358 crore. Two distributions were made to unitholders: ₹2.44 per unit in June 2025 and ₹2.42 plus ₹0.66 return of capital in September 2025. The InvIT asset was valued at ₹2,18,369 crore by EY Merchant Banking Services, with NAV per unit at ₹115.47. Credit ratings (CRISIL AAA/Stable and CARE AAA/Stable) were reaffirmed. No units have traded on BSE since listing in March 2023. Deloitte Haskins & Sells LLP issued an unmodified limited review report with one emphasis-of-matter note regarding presentation of Unit Capital as Equity.

Likely market impact

The report shows stable operating performance with marginal YoY decline in standalone revenue and profit, consistent quarterly distributions of around ₹2.42-2.44 per unit, and reaffirmed AAA credit ratings supporting the Trust's financial strength. Unitholders continue to receive predictable distributions, though the complete absence of trading on BSE remains a significant liquidity concern for investors.