POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of POWERGRID Unchahar Transmission Limited, the Investment Manager to PGInvIT, approved the audited standalone and consolidated financial results for FY ended March 31, 2025, along with a valuation report from an independent valuer. A distribution of Rs. 3.00 per unit was declared for Q4FY25 (comprising Rs. 1.67 interest, Rs. 0.48 taxable dividend, Rs. 0.09 exempt dividend, Rs. 0.75 SPV debt repayment, and Rs. 0.01 treasury income), with record date May 29, 2025 and payment on or before June 5, 2025. Standalone profit jumped sharply to Rs. 18,874.72 lakh from Rs. 10,229.89 lakh in FY24, lifting earnings per unit to Rs. 20.74 (vs Rs. 11.24). Total assets grew to Rs. 96,279.78 lakh and NAV improved to Rs. 94.12 per unit (fair value) from Rs. 85.28. Net Distributable Cash Flow stood at Rs. 10,810.15 lakh, with Rs. 10,919.99 lakh distributed to unitholders, and management confirmed no erosion in the Investment Manager's net worth.
Positive for unitholders — strong profit growth, higher NAV, and a healthy quarterly distribution reinforce income visibility; upcoming record date (May 29) and payment (by June 5) should support near-term investor interest.