Capital Infra Trust achieved a remarkable financial turnaround in the June 2026 quarter, reporting a consolidated net profit of ₹1,256.24 million compared to a net loss of ₹737.18 million in the corresponding quarter of the previous year. According to the latest unaudited financial results approved by the Board of Directors on July 21, 2026, this represents a complete reversal of the company's financial position, demonstrating significant operational improvements during the quarter. The Earnings Per Unit (Basic) for the quarter was reported at ₹2.56, a substantial improvement from the negative ₹2.68 per unit in Q1 FY26.
The company's revenue from operations increased by 37.41% to ₹2,592.93 million in Q1 FY27, as reported by the latest unaudited financial results. This substantial growth from ₹1,886.96 million in the same quarter last year indicates strong business momentum and effective market positioning during the quarter. The total income for the quarter increased to ₹2,949.47 million from ₹2,062.85 million in the corresponding quarter of the previous year, driven by revenue from operations and other income. Total expenses were recorded at ₹1,693.23 million, while finance costs for the period stood at ₹521.30 million.
The company's operating profit margin (OPM) improved significantly to 55.96% in the June 2026 quarter, compared to a negative OPM of -42.74% in the corresponding quarter of the previous year. As reported by the latest financial results, this dramatic improvement in operational efficiency contributed to the overall financial turnaround and demonstrates enhanced cost management and operational effectiveness. The Net Borrowing Ratio as of June 30, 2026, was 41.10%, while the Net Asset Value per unit was ₹34.69. The Debt Service Coverage Ratio (DSCR) for the quarter stood at 2.08 times, and the Interest Service Coverage Ratio (ISCR) was 3.46 times.
The Board of Directors declared a distribution of ₹2.32 per unit, amounting to ₹1,140.04 million for the quarter ended June 30, 2026. The distribution comprises ₹1.48 per unit as interest, ₹0.64 per unit as dividend, ₹0.19 per unit as capital repayment, and ₹0.01 per unit as other income. The record date for payment is July 24, 2026, with payment to be made on or before July 31, 2026. The Trust holds 12 stabilized HAM road assets with a residual concession life of 12.9 years. Annuity inflows of ₹2,162 million were received from four projects during Q1 FY27, with the remaining two received subsequently. The Net Worth of the Trust was reported at ₹34,684.89 million, while the Net Distributable Cash Flows available for distribution were ₹1,140.04 million for the quarter.
Capital Infra Trust has set an ambitious target of 50% AUM growth to reach approximately ₹100,000 million by March 2027. The cost of debt declined to 7.24% from 7.33%, supported by easing benchmark interest rates. The Trust is pursuing acquisitions under due diligence, including the Bhiwani–Hansi NH-148B project (42.934 km four-lane corridor with bid project cost of ₹7,462 million) and the Bhangbar–Kangra NH Corridor project (18.13 km corridor with bid project cost of ₹10,570 million). Other targeted assets include the Mo–Sihuni NH-154 and Udaipur Bypass projects. The Trust's assets include various Special Purpose Vehicles such as Gawar Rohna Jhajjar Highway Private Limited and Dewas Ujjain Highway Private Limited.
