Indinfravit Trust Announces Audited Standalone and Consolidated Earnings Results for the Half Year and Full Year Ended March 31, 2021
May 20, 2021 at 11:20 am EDT
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Indinfravit Trust announced audited standalone and consolidated earnings results for the half year and full year ended March 31, 2021. For the half year, on standalone basis, the company reported revenue from operations was INR 4,473.436 million compared to INR 2,510.999 million a year ago. Total income was INR 4,473.436 million against INR 2,510.999 million a year ago. Loss for the period was INR 2,160.807 million against INR 536.006 million a year ago. Loss per basic and diluted share were INR 3.48 against INR 1.33 a year ago.
For the year, on standalone basis, the company reported revenue from operations was INR 8,668.900 million compared to INR 4,602.014 million a year ago. Total income was INR 8,668.900 million against INR 4,602.014 million a year ago. Profit for the period was INR 694.202 million against INR 837.502 million a year ago. Earnings per basic and diluted share were INR 1.12 against INR 2.08 a year ago.
For the half year, on consolidated basis, the company reported revenue from operations (including construction revenue) was INR 9,015.160 million compared to INR 5,306.040 million a year ago. Total income was INR 9,015.160 million against INR 5,306.040 million a year ago. Loss for the period was INR 2,090.411 million against INR 4,194.587 million a year ago. Loss per basic and diluted share were INR 3.37 against INR 10.43 a year ago.
For the year, on consolidated basis, the company reported revenue from operations (including construction revenue) was INR 14,904.814 million compared to INR 9,807.697 million a year ago. Total income was INR 14,904.814 million against INR 9,807.697 million a year ago. Loss for the period was INR 4,701.200 million against INR 4,799.533 million a year ago. Loss per basic and diluted share were INR 7.58 against INR 11.93 a year ago.
IndInfravit Trust (the Trust) is an infrastructure investment trust. The Trust is formed to invest in infrastructure assets primarily being in the road sector in India. The Trustâs road projects are implemented and held by special purpose vehicles. It operates and maintains 17 build-operate-transfer (BOT) / annuity road assets across eight Indian states. The Trustâs projects include Devihalli Hassan Tollway Private Limited, Beawar Pali Pindwara Tollway Private Limited, Krishnagiri Walajahpet Tollway Private Limited, Bijapur Hungund Tollway Private Limited, Dhule Palesner Tollway Private Limited, and Hyderabad Yadgiri Tollway Private Limited. It also owns five operational road projects, such as Simhapuri Expressway Limited, Rayalaseema Expressway Private Limited, Mumbai Nasik Expressway Private Limited, Kosi Bridge Infrastructure Company Private Limited, and Gorakhpur Infrastructure Company Private Limited. LTIDPL IndvIT Services Limited is the investment manager of the Trust.