Indus Infra Trust (INDUSINVIT) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 standalone and consolidated net profit was Rs. 3,035.17 Mn and Rs. 2,095.91 Mn, respectively; the operational portfolio comprised 17 NHAI HAM projects.

• Approved distribution was Rs. 3.55 per unit, comprising Rs. 2.50 interest and Rs. 1.05 dividend; cumulative distributions reached Rs. 34.80 per unit.

Financial highlights

• Standalone Q2 total income was Rs. 4,602.88 Mn vs Rs. 1,964.25 Mn; EBITDA was Rs. 4,147.75 Mn vs Rs. 767.12 Mn, considering impairment of investments. Q2 net profit was Rs. 3,035.17 Mn vs Rs. 364.99 Mn.

• Standalone H1 total income was Rs. 7,125.79 Mn vs Rs. 3,948.54 Mn; net profit was Rs. 4,312.87 Mn vs Rs. 1,314.82 Mn.

• Consolidated Q2 total income was Rs. 4,720.98 Mn vs Rs. 1,396.59 Mn; EBITDA was Rs. 3,785.53 Mn vs Rs. 975.79 Mn and net profit was Rs. 2,095.91 Mn vs Rs. 593.82 Mn.

• Consolidated Q2 revenue was Rs. 4,341.80 Mn vs Rs. 1,234.18 Mn; H1 revenue was Rs. 7,189.49 Mn vs Rs. 3,098.22 Mn. H1 PAT was Rs. 3,389.81 Mn vs Rs. 1,799.29 Mn; Q2 and H1 EPS was Rs. 3.43 and Rs. 6.26.

• Consolidated H1 total income was Rs. 7,737.56 Mn vs Rs. 3,441.47 Mn; EBITDA was Rs. 6,095.48 Mn vs Rs. 2,650.07 Mn.

Outlook and guidance

• Strategy targets maximum distributions while optimizing capital structure and preserving acquisition flexibility; consolidated borrowings are to remain within the regulatory threshold.

• Proposed ROFO covers 19 additional GR Infraprojects road assets and assets it may bid for over the next 2.5 years; selective third-party acquisitions may also be pursued.

• The approved Rs. 3.55-per-unit distribution is payable within five working days after the November 6 record date, and by November 16, 2026.