Cube Highways Trust Announces Q1 FY26 Results, Reports Total Distribution of INR 2.5 per Unit
Cube Highways Trust Announces Q1 Results for FY2025-2026
Cube Highways Trust (CUBEINVIT) has announced its financial results for the quarter ended June 30, 2025 (Q1 FY26). The infrastructure investment trust, registered with the Securities Exchange Board of India, reported a strong performance across various key metrics.
Financial Highlights
- Revenue from operations for the quarter stood at Rs. 9,443 Mn, up 19.2% Year-over-Year (YoY). This growth was driven by a 10.3% increase in toll revenue and a 6.3% rise in traffic.
- EBITDA rose to Rs. 7,016 Mn, an improvement of 22% YoY.
- Total Assets Under Management (AUM) increased to Rs. 365 billion, up by Rs. 43 billion during the quarter.
- Total debt was Rs. 192.12 billion, which is 49.62% of the enterprise value (EV), comfortably within permissible limits.
- Total expenses remained largely stable at around Rs. 9,755 million despite portfolio expansion. Liquidity was strong, with cash and cash equivalents of Rs. 11.4 billion.
- The Trust issued commercial paper worth Rs. 13.3 Bn in Q1 to optimize short-term funding and reduce financing costs.
Distribution Per Unit (DPU)
The Board of Directors approved a Distribution Per Unit (DPU) of Rs. 2.50 for the quarter, totaling Rs. 336 crores. The DPU comprises Rs. 1.33 per unit as interest and Rs. 1.17 per unit as return of capital. The record date for the distribution is August 4, 2025, and the distribution payout will be made on or before August 11, 2025.
Operational Highlights
Cube Highways Trust operates and manages highway projects in association with the central and state governments. The trust is backed by a diversified investor base, including I Squared Capital, Abu Dhabi Investment Authority, British Columbia Investment Management Corporation, and Mubadala Investment Company.
The media contact for Cube Highways Trust is [email protected]. Investors can view financial results and other disclosures on the websites of Cube InvIT, BSE Limited, and National Stock Exchange of India Limited. For more information about Cube Highways Trust, visit www.cubehighwaystrust.com.
Cube Highways Trust is engaged in implementing the public-private partnership model in the country's highways sector. The trust's financial results for the quarter ended June 30, 2025, can be found on the website www.cubehighwaystrust.com.
- Cube Highways Trust's strong financial performance in Q1 FY2025-2026 includes a rise in revenue from operations, EBITDA, and total assets under management, while maintaining debt levels comfortably within permissible limits, suggesting effective finance management and investing.
- According to the operational highlights, Cube Highways Trust is a business entity engaged in the infrastructure sector, particularly highways, and operates projects in collaboration with the central and state governments, with its governance overseen by a diversified investor base.
