Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of Maple Infra InvIT Investment Manager approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), along with the limited review report from statutory auditors S.R. Batliboi & Co. LLP. On a standalone basis, total income rose to ₹1,234.41 million and profit after tax grew to ₹1,095.75 million, up from ₹962.33 million in Q1 FY25. On a consolidated basis, total income increased to ₹2,426.00 million, while the loss after tax narrowed significantly to ₹151.15 million from ₹448.04 million in Q1 FY25, with revenue from operations at ₹2,300.03 million. The net borrowing ratio improved slightly to 40.60% (from 41.90% a year ago). No distribution was declared for Q1 FY26, matching the pattern of Q1 FY25. The auditors flagged an emphasis of matter regarding ongoing NHAI negotiations at subsidiary SJEPL over delayed project completion, though the Trust is indemnified by erstwhile shareholders. The pending acquisition of five Ashoka Concessions toll road projects (~2,100 lane kms) remains subject to closing conditions. The deviation statement confirmed no deviation in use of proceeds from the 2022 unit issuance.
Improved consolidated performance with sharply reduced losses signals operational recovery, though ongoing contingent NHAI liability at SJEPL remains a watch item. No quarterly distribution means unitholders will need to wait for the next declaration cycle, while the pending Ashoka acquisition could materially expand the asset portfolio if completed.