Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust reported its Q2 FY26 results with revenue of ₹8,267 million (up 2.6% YoY) and EBITDA of ₹7,249 million (down 1.1% YoY) due to a one-time solar issue and tariff order impact. Net Distributable Cash Flow (NDCF) grew 13.5% YoY to ₹3,629 million, supported by strong collections. The Board declared a Distribution Per Unit (DPU) of ₹4.00, up 6.7% YoY, in line with the full-year FY26 guidance of ₹16.00 per unit. IndiGrid also signed definitive agreements to acquire the NERES XVI Transmission project from Techno Electric for an enterprise value of ~₹460 crore, and its co-sponsored platform EnerGrid won a 125 MW / 500 MWh battery storage project. The trust raised ~₹438 crore via preferential equity allotment at ₹168.77 per unit, with 33 institutional and non-institutional investors participating. AUM stood at ₹325 billion with leverage at 61.4%, expected to drop to ~60% post the equity raise. The record date for the distribution is November 14, 2025.
Results are in line with guidance, providing steady returns for unitholders. The transmission acquisition and BESS project win signal continued portfolio expansion, while the ₹438 crore equity raise from marquee investors reflects strong market confidence and supports future growth without over-leveraging.