Cube Highways Trust Releases Q1 FY2026 Financial Results, Announces Distribution of Rs. 2.5 per Unit per Shareholder
In a recent announcement, Cube Highways Trust (CUBEINVIT) has shared its financial results for the quarter ending June 30, 2025. The Infrastructure Investment Trust (IIIT) registered with the Securities Exchange Board of India (SEBI) continues to show robust growth in its operations.
The quarter saw a significant increase in revenue from operations, with a 19.2% year-on-year (YoY) growth, reaching Rs. 9,443 million. The total consolidated income for the quarter was Rs. 9,739 million. EBITDA rose by 22% YoY, reaching Rs. 7,016 million.
The strong financial performance can be attributed to the expansion of the total assets under management (AUM), which increased by Rs. 43 billion during the quarter, reaching Rs. 365 billion. This growth is a testament to the success of Cube Highways Trust's public-private partnership (PPP) model in the country's highways sector.
The Distribution Per Unit (DPU) for the quarter was declared at Rs. 2.50. This comprises Rs. 1.33 per unit as interest and Rs. 1.17 per unit as a return of capital, totalling Rs. 336 crores.
Traffic trends remained stable to positive across most corridors, with toll revenue growing 10.3% YoY and traffic increasing 6.3% YoY. This growth supported the solid financial performance despite the portfolio expansion and stable total expenses at Rs. 9,755 million.
Liquidity remained strong, with cash and cash equivalents at Rs. 11.4 billion. Total debt stood at Rs. 192.12 billion, which is 49.62% of the equity value (EV), well within the permissible thresholds.
For those interested in learning more about Cube Highways Trust, visit www.cubehighwaystrust.com. The record date for the distribution is August 4, 2025, and the distribution payout will be made on or before August 11, 2025. Investors can view the outcome for the quarter ended June 30, 2025, on the websites of Cube InvIT, BSE Limited, and National Stock Exchange of India Limited.
The Board of Directors of the Investment Manager approved the DPU. Cube Highways Trust is backed by I Squared Capital, Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corporation, and Mubadala Investment Company. The Trust operates and manages highway projects in association with the central and state governments.
- The robust growth in Cube Highways Trust's financial performance could attract potential investors in the real-estate and infrastructure sectors, given the increasing revenue from operations, EBITDA, and total consolidated income.
- The successful implementation of the public-private partnership (PPP) model by Cube Highways Trust in the country's highways sector has not only led to a growth in total assets under management (AUM) but also showcases opportunities for future infrastructure finance and businesses in the sector.
- The strong financial outcome of Cube Highways Trust, backed by prominent investors like I Squared Capital, Abu Dhabi Investment Authority, British Columbia Investment Management Corporation, and Mubadala Investment Company, allows it to contribute significantly to the nation's governance and infrastructure development through its role in operating and managing highway projects in collaboration with central and state governments.
