Quarterly Result12 Feb 2026, 07:02 pm
IndiGrid Reports Strong Q3-FY26 Performance, Accelerates Growth Through Acquisitions and New Bids
AI Summary
IndiGrid, India's first and largest publicly listed power sector infrastructure investment trust, has reported its financial results for the quarter and nine months ended December 31, 2025. The company declared a DPU of X4.00 for Q3 FY26, in line with full-year guidance of X16.00 per unit. IndiGrid also signed definitive agreements to acquire Gadag Transmission Limited and two under-construction assets from EnerGrid. The company raised 1,500 crore through an Institutional Placement and maintained a healthy collections profile across both transmission and solar assets.
Key Highlights
- Declared DPU of X4.00 for Q3 FY26, in line with full-year guidance of X16.00 per unit
- Signed definitive agreements to acquire Gadag Transmission Limited for an enterprise value of ~X372 crore
- Signed definitive agreements with EnerGrid to acquire two under-construction assets: a 125 MW /500 MWh BESS project in Uttar Pradesh for an enterprise value of X957 crore and a ~180 ckms and 4,500 MVA capacity ISTS project in Madhya Pradesh for an enterprise value of X1,577 crore
- Successfully raised 1,500 crore through an Institutional Placement
- Maintained a healthy collections profile across both transmission and solar assets