IRB Invit Fund has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2024-25 is 13/05/2025
Awaiting price reaction for this filing.
The Board of Directors of the Investment Manager (IRB Infrastructure Pvt Ltd) approved audited consolidated and standalone financial information of IRB InvIT Fund for Q4 and the full year ended March 31, 2025. The Board declared the 4th (and final) distribution of Rs. 2.00 per unit for FY 2024-25, comprising Rs. 1.69 as interest, Rs. 0.05 as return of capital, and Rs. 0.26 as exempt dividend. Total FY25 distributions add up to Rs. 8.00 per unit (4 quarters of Rs. 2.00 each). The record date is fixed as May 13, 2025, with payment to eligible unitholders on or before May 20, 2025. NAV at fair value stood at Rs. 95.64 per unit on net assets of Rs. 55,520 million across 580.50 million units. FY25 revenue from operations was Rs. 10,840.56 million (vs Rs. 10,620.82 million in FY24) and profit after tax was Rs. 3,555.84 million (vs Rs. 3,730.93 million in FY24). Net Distributable Cash Flow (NDCF) for FY25 was Rs. 4,810.98 million. The filing notes no erosion in the net worth of the Investment Manager.
Stable, predictable income for unitholders — consistent Rs. 8.00 per unit annual distribution maintained, with the next tranche payable to holders on record as of May 13. Mild YoY dip in PAT and marginal revenue uptick suggest steady toll operations rather than growth, which is typical for mature road InvITs. No negative signals on the Investment Manager's solvency.