PowerGrid Infrastructure Investment Trust (PGInvIT) announced a distribution of ₹3 per unit to investors. For the December quarter, the trust reported consolidated revenue of ₹3.17 billion and a net profit of ₹1.98 billion, underscoring steady performance and resilience in India’s power transmission sector.
Investor Distribution:
PGInvIT declared a ₹3 per unit distribution, reinforcing its commitment to consistent returns for unitholders.
Financial Performance:
Consolidated revenue from operations stood at ₹3.17 billion, while net profit reached ₹1.98 billion in the December quarter.
Sectoral Strength:
The results highlight strong demand for power transmission infrastructure, supported by India’s growing energy needs.
Strategic Positioning:
PGInvIT continues to leverage its portfolio of transmission assets, ensuring stable cash flows and long-term growth prospects.
Why It Matters
The distribution and earnings reflect PowerGrid InvIT’s resilience and investor-friendly approach, combining steady financial performance with attractive payouts. This positions the trust as a reliable investment vehicle in India’s infrastructure and energy ecosystem.
Sources: BSE Corporate Filing, Economic Times, Business Standard