IndiGrid Infrastructure Trust's Q1 FY 2025-26 Quarterly Results

Result Summary

• IndiGrid Infrastructure Trust reported a 5.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of -0.0%.
• Its expenses for the quarter were up by 5.3% QoQ and 9.8% YoY.
• The net profit increased 28.7% QoQ and decreased 45.0% YoY.
• The earnings per share (EPS) of IndiGrid Infrastructure Trust stood at 0.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

IndiGrid Infrastructure Trust is an established player in India's infrastructure investment sector, primarily focusing on power transmission assets. As an Infrastructure Investment Trust (InvIT), IndiGrid's primary function is to own, operate, and manage a portfolio of revenue-generating infrastructure assets. The trust's main objective is to provide stable and predictable cash flows to its investors. In recent developments, the company has been strategically acquiring new assets to bolster its portfolio, aiming to sustain and grow its distribution to unitholders. However, specific recent developments within the company or precise strategic moves are not detailed in the provided data.

Revenue

IndiGrid Infrastructure Trust reported a Total Income of ₹872.98 crores in Q1FY26, reflecting a 5.9% increase from ₹824.39 crores in Q4FY25. Compared to the same quarter in the previous fiscal year (Q1FY25), where the Total Income was ₹873.39 crores, there is a negligible change, marking a -0.0% Year-over-Year (YoY) difference. This consistency in revenue on a YoY basis indicates a stable income stream, while the quarter-over-quarter (QoQ) increase suggests a positive trend in the latest quarter.

Profitability

In terms of profitability, IndiGrid Infrastructure Trust's Profit Before Tax (PBT) for Q1FY26 was ₹74.01 crores, which is an 11.8% increase from the previous quarter (Q4FY25) where the PBT was ₹66.20 crores. Compared to Q1FY25, where PBT was ₹146.12 crores, there is a significant YoY decline of 49.3%. The Profit After Tax (PAT) for Q1FY26 stands at ₹75.29 crores, showing a substantial increase of 28.7% from Q4FY25, where the PAT was ₹58.48 crores. However, compared to the same quarter in the previous year, the PAT decreased by 45.0% from ₹136.98 crores. The Earnings Per Share (EPS) followed a similar pattern, increasing 28.6% QoQ to ₹0.90 but declining 47.1% YoY from ₹1.70.

Operating Metrics

The Total Expenses for IndiGrid Infrastructure Trust in Q1FY26 were ₹798.72 crores, which marks a 5.3% increase from Q4FY25's expenses of ₹758.19 crores and a 9.8% increase from Q1FY25's expenses of ₹727.29 crores. This upward trend in expenses indicates higher operational costs or potentially increased activities. The tax expense presents an unusual scenario, with a negative tax amount of ₹-1.28 crores in Q1FY26 compared to a tax expense of ₹7.71 crores in Q4FY25 and ₹9.14 crores in Q1FY25, reflecting a QoQ change of -116.6% and YoY change of -114.0%. This anomaly could be due to tax adjustments or benefits, but further details are not provided in the data.