Roadstar Infra Investment Trust has informed the Exchange regarding Record date for purpose of distribution for the 1 FY 2024-25 is 30/05/2025
Awaiting price reaction for this filing.
Roadstar Infra Investment Trust (InvIT) declared its first distribution of Rs. 8.90 per unit for FY 2024-25, totaling Rs. 4,053.75 million. The distribution is split as Rs. 5.35 (Interest), Rs. 3.21 (Return of Capital), and Rs. 0.34 (Other Income), subject to applicable taxes. The record date has been fixed as May 30, 2025, with payment to eligible unitholders on or before June 6, 2025. The Board also approved audited consolidated and standalone financial results for the half year and year ended March 31, 2025, with the trust reporting a net profit of Rs. 3,952.68 million on total income of Rs. 4,718.09 million for the full year. The NAV per unit stood at Rs. 107.10 (fair value) and Rs. 116.49 (book value) as of March 31, 2025, with the distribution yield for the year at 8.31%.
This is the trust's first distribution since listing on NSE and BSE on March 11, 2025. The 8.31% yield is attractive for income-seeking investors, though investors should note the auditor flagged a material uncertainty related to going concern for a subsidiary and joint venture, and provision for expected credit losses of Rs. 340 million was booked during the year.