Raajmarg Infra Investment Trust (RIIT) Q4 25/26 earnings summary

Executive summary

• Audited standalone and consolidated financial statements for the period from November 24, 2025 to March 31, 2026 were approved, marking the first reporting period since the Trust's registration and IPO.

• The Trust completed its IPO, raising ₹6,00,000 lakh and listed 60 crore units at ₹100 per unit on BSE and NSE on March 24, 2026.

• Acquisition of 100% equity in Raajmarg 1 Projects Private Limited (RPPL) was completed, making it a wholly owned subsidiary.

• No distributions to unitholders were approved for the period.

Financial highlights

• Standalone net profit for the period was ₹1,030.74 lakh; consolidated net loss was ₹38.58 lakh.

• Standalone total income was ₹1,389.92 lakh, mainly from interest on loans to subsidiary.

• Consolidated total income was ₹322.63 lakh, primarily interest income.

• Standalone basic and diluted EPS: ₹7.84; consolidated basic and diluted loss per unit: ₹0.29.

• Net Asset Value (NAV) per unit as of March 31, 2026: ₹100.72 (standalone), ₹100.72 (consolidated fair value).

• Net distributable cash flow for the period was negative at ₹(371.39) lakh.

Outlook and guidance

• Revenue from toll operations is expected to commence from April 1, 2026, under fixed remittance for an initial 30-month transition period.

• The Trust is required to distribute at least 90% of net distributable cash flows every six months, but no distribution was declared for this period.