IRB Invit Fund has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IRB InvIT Fund's Investment Manager board approved unaudited consolidated and standalone financial results for Q3 FY26 (quarter and nine months ended December 31, 2025). Revenue from operations rose sharply to Rs. 4,116.26 million in Q3 from Rs. 2,752.21 million a year ago, with nine-month revenue up about 20% to Rs. 9,694 million. However, Q3 profit after tax fell to Rs. 596.74 million from Rs. 909.51 million YoY, and nine-month PAT slipped to Rs. 2,420.09 million from Rs. 2,620.55 million, weighed down by higher finance costs and an exceptional item of Rs. 24.82 million. The Trust declared its 3rd distribution of Rs. 1.50 per unit (Rs. 0.95 interest, Rs. 0.44 return of capital, Rs. 0.11 exempt dividend), with record date February 16, 2026 and payment by February 23, 2026. Mr. Rushabh Gandhi was re-appointed as Executive Director for three years from March 31, 2026, while continuing as CFO.
Investors receive a steady Rs. 1.50/unit distribution, but weakening profitability despite strong revenue growth—driven by elevated finance costs (~Rs. 1,900 million in Q3)—may pressure unitholder returns. The auditor change to MSKA & Associates is a governance point worth monitoring.