BSEPOWERGRID Infrastructure Investment TrustMediumPositive
Announced Tue, 5 Aug · 12:21 IST

POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2025-26 is 08/08/2025

Dividend Yield Above 3pctCorporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Investment Manager (POWERGRID Unchahar Transmission Ltd) approved unaudited standalone and consolidated financial results of PGInvIT for Q1 FY26 (quarter ended June 30, 2025). Consolidated total income stood at Rs. 3,250.24 million vs Rs. 3,266.80 million in Q1 FY25, with profit after tax of Rs. 1,907.55 million. Net Distributable Cash Flow (NDCF) available for distribution was Rs. 2,730.00 million. The Board declared a distribution of Rs. 3.00 per unit, comprising Rs. 1.76 as interest, Rs. 0.37 as taxable dividend, Rs. 0.07 as exempt dividend, Rs. 0.78 as SPV debt repayment and Rs. 0.02 as treasury income. The record date is fixed as August 8, 2025, with payment to be made on or before August 18, 2025. The Trust retains its AAA/Stable ratings from CRISIL, ICRA and CARE.

Likely market impact

The Rs. 3.00 per unit quarterly distribution is consistent with prior quarters, signalling steady cash flows for unitholders. With around 910 million units, this translates to an attractive annualised yield that is likely well above 3% at current unit price levels, making PGInvIT a stable yield-oriented holding.