Mumbai, Aug 14: Cube Highways Trust (Cube InvIT) has posted a consolidated income of Rs 781.5 crore for the quarter ended on June 30, 2023. Earning before interest tax depreciation and amortisation was Rs 422.89 crore during the period under review, Cube InvIT said. These are its first quarterly earnings as the investment trust was listed in India in April 2023. The Board of the Investment Manager has also declared a distribution per unit (DPU) of Rs 2.15 to ordinary unitholders for the first quarter of FY 2023-24. The record date for the distribution is August 11, 2023, and the distribution payment will be made on or before August 25, 2023, he said. Cube Highways Trust has a diversified portfolio of 18 toll and annuity road assets with an aggregate length of 1,423.60 kilometres. These road assets are located across 11 states in India.Cube InvIT reports Rs 781 cr net income in Apr-Jun
Mumbai, Aug 14: Cube Highways Trust (Cube InvIT) has posted a consolidated income of Rs 781.5 crore for the quarter ended on June 30, 2023. Earning before interest tax depreciation and amortisation was Rs 422.89 crore during the period under review, Cube InvIT said. These are its first quarterly earnings as the investment trust was listed in India in April 2023. The Board of the Investment Manager has also declared a distribution per unit (DPU) of Rs 2.15 to ordinary unitholders for the first quarter of FY 2023-24. The record date for the distribution is August 11, 2023, and the distribution payment will be made on or before August 25, 2023, he said. Cube Highways Trust has a diversified portfolio of 18 toll and annuity road assets with an aggregate length of 1,423.60 kilometres. These road assets are located across 11 states in India.