Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Maple Infrastructure Trust approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. On a standalone basis, profit after tax rose sharply to Rs 1,362.62 million for Q3 FY26 (vs Rs 1,065.86 million in Q3 FY25), with nine-month PAT at Rs 3,061.64 million and EPS of Rs 8.69. On a consolidated basis, however, the Trust reported a loss after tax of Rs 457.54 million for the quarter and Rs 802.07 million for the nine months, largely driven by subsidiary-level losses (including amortisation and finance costs of newly acquired SPVs). No distribution was declared for Q3 FY26; the last payout was Rs 3.27 per unit (Rs 1,150.47 million) for H1 FY26. The Board also approved the re-appointment of Ms. Seema Gupta as Independent Director for a second 5-year term and reviewed the deviation statement.
Positive on the standalone front with strong profit growth, but consolidated losses and the absence of a Q3 distribution may temper sentiment. The Trust completed the acquisition of five toll-road SPVs from Ashoka Concessions (effective Nov 26, 2025), expanding its asset base, and has lined up Rs 37,500 million in additional credit facilities — supportive for long-term growth but also increasing leverage. The ongoing NHAI conciliation matter at subsidiary SJEPL remains a watchpoint, though management believes indemnity from erstwhile shareholders covers any potential liability.