BSEPOWERGRID Infrastructure Investment TrustHighNeutral
Announced Tue, 5 Aug · 12:23 IST

POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Disclosure of material issue

Business Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of POWERGRID Unchahar Transmission Limited (Investment Manager to PGInvIT) approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to ₹2,447.02 million (vs ₹1,773.20 million in Q1 FY25, up ~38% YoY), with standalone profit after tax at ₹2,227.49 million (vs ₹1,639.80 million). On a consolidated basis, revenue was ₹3,132.84 million (vs ₹3,155.84 million) and profit after tax was ₹1,907.55 million (vs ₹2,009.88 million), showing a slight YoY dip. The Board declared a distribution of ₹3.00 per unit, comprising ₹1.76 as interest, ₹0.37 as taxable dividend, ₹0.07 as exempt dividend, ₹0.78 as SPV debt repayment, and ₹0.02 as treasury income. The record date is August 8, 2025, with payment on or before August 18, 2025. Net Distributable Cash Flow (NDCF) distributed to unitholders stood at ₹2,730 million, flat compared to Q1 FY25. The Trust continues to hold AAA/Stable ratings from CRISIL, ICRA, and CARE.

Likely market impact

Stable quarterly distribution of ₹3.00 per unit (unchanged YoY) signals consistent cash flow support for unitholders. Consolidated revenue and profits were marginally lower YoY, but strong AAA credit ratings and unchanged NDCF distribution of ₹2,730M reinforce income stability for investors. Record date of August 8, 2025 makes unitholders eligible for the declared distribution.