Financial Results - REITs or InvITs



General information about REITs or InvITs

Scrip Code 000000
NSE Symbol SEITINVIT
MSEI Symbol NOTLISTED
ISIN INE0R8O23017
Name of Entity SUSTAINABLE ENERGY INFRA TRUST
Class of security - REITs or INVITs InvITs
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-01-2026
Description of presentation currency INR
Level of rounding Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Renewables
Start date and time of board meeting 04-02-2026   12:30:00
End date and time of board meeting 04-02-2026   14:20:00
Whether cash flow statement is applicable on company
Type of cash flow statement
NDCF applicability SPVs & Trust
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
(a) Revenue from operations 17,152.60 53,390.20
(b) Other income
1 Interest income 684.30 2,292.10
2 Late payment surcharge 0.00 87.20
3 Gain on investments in mutual funds (net) 380.70 1,066.80
4 Insurance claim proceeds 202.00 506.20
5 Other income 102.90 354.60
Total other income 1,369.90 4,306.90
Total income 18,522.50 57,697.10
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 50.40 135.60
(e) Finance costs 6,173.80 19,499.10
(f) Depreciation, depletion and amortisation expense 7,439.90 22,177.90
(g) Other Expenses
1 Project management fees 99.70 300.60
2 Investment management fees 931.60 2,794.80
3 Insurance expenses 242.10 715.90
4 Trustee fees 2.40 7.10
5 Valuation expenses 4.20 8.90
6 Audit fees 32.60 98.80
7 Repairs and maintenance 1,289.40 3,456.40
8 Custodian fees 0.20 1.10
9 Legal and other professional services 103.10 557.50
10 Other expenses 545.90 1,463.80
Total other expenses 3,251.20 9,404.90
Total expenses 16,915.30 51,217.50
3 Total profit/(loss) before exceptional items and tax 1,607.20 6,479.60
4 Exceptional items 0.00 0.00
5 Total profit/(loss) before tax 1,607.20 6,479.60
6 Tax expense
7 Current tax 17.40 31.20
8 Deferred tax (642.40) (1,722.10)
9 Total tax expenses (625.00) (1,690.90)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,232.20 8,170.50
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 2,232.20 8,170.50
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 2,232.20 8,170.50
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of unit capital
Paid-up unit capital 3,24,000.00 3,24,000.00
22 Earnings per unit
i Earnings per unit capital for continuing operations
Basic earnings (loss) per unit from continuing operations 0.69 2.52
Diluted earnings (loss) per unit from continuing operations 0.69 2.52
ii Earnings per unit capital for discontinued operations
Basic earnings (loss) per unit from discontinued operations 0 0
Diluted earnings (loss) per unit from discontinued operations 0 0
iii Earnings per unit capital (for continuing and discontinued operations)
Basic earnings (loss) per unit from continuing and discontinued operations 0.69 2.52
Diluted earnings (loss) per unit from continuing and discontinued operations 0.69 2.52
23 Disclosure of notes on financial results Textual Information(1) Textual Information(2)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments Textual Information(1) Textual Information(2)


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income
Disclosure of notes on other comprehensive income Text Block(1) Text Block(2)


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Neo Solren Private Limited
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 988.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
378.28
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 14.40
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 14.40
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 21.20
Net Distributable Cash Flow for HoldCo/SPV ' s 981.70
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Astra Solren Private Limited
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 770.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
378.28
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 18.30
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 18.30
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 4.60
Net Distributable Cash Flow for HoldCo/SPV ' s 783.80
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Brightsolar Renewable Energy Private Limited
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 484.20
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
378.28
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 5.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 5.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 5.60
Net Distributable Cash Flow for HoldCo/SPV ' s 483.60
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Megasolis Renewables Private Limited
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 5,960.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
378.28
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 471.30
d Profit on sale of Mutual funds 219.30
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 690.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 384.50
Net Distributable Cash Flow for HoldCo/SPV ' s 6,266.60
Notes:
Distribution to the Trust out of the opening surplus cash available in HoldCo/SPVs at time of acquisition by the Trust amount to INR 73.17 Million Accordingly total distributable cash flow is INR 2,055.50 Million


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Mega Suryaurja Private Limited
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 3,146.60
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
378.28
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 47.30
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 38.70
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 86.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 66.90
Net Distributable Cash Flow for HoldCo/SPV ' s 3,165.70
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Emergent solren Private Limited
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 3,782.80
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
378.28
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 13.20
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 41.60
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 54.80
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 23.30
Net Distributable Cash Flow for HoldCo/SPV ' s 3,814.30
Notes:
Distribution to the Trust out of the opening surplus cash available in HoldCo/SPVs at time of acquisition by the Trust amount to INR 31.20 Million Accordingly total distributable cash flow is INR 1,189.75 Million


Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)

A Name of Project Sustainable Energy Infra Trust
B Date of start of reporting period 01-10-2025
C Date of end of reporting period 31-12-2025
Sr. Particulars Amount
Cashflows from operating activities of the Trust (375.00)
1 Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework
1 Add : Cashflows received from SPV’s/Investment entities which represent distributions of NDCF computed as per relevant framework 15,495.70
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Add : Cashflows received from SPV’s/Investment entities which represent distributions of NDCF computed as per relevant framework
Total (1) 15,495.70
2 Add: Treasury income / income from investing activities of the Trust
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 40.50
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 40.50
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 6,048.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI's except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 1,350.30
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 1.20
Net Distributable Cash Flow at Trust level 7,761.70
Notes:


Statement of Net Borrowings Ratio

Amount in (Lakhs)

Sr. Particulars Amount
A Borrowings [Refer Notes 1 & 2] 3,24,445.40
B Deferred Payments [Refer Notes 1 & 3] 5,642.60
C Cash and Cash Equivalents [Refer Notes 1 & 3] 26,171.80
D Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C) 3,03,916.20
E Value of REIT/InVIT assets [Refer Notes 3 & 4] 6,73,607.30
F Net Borrowings Ratio (D/E) 0.45
Disclosure of notes on net borrowings ratio


Disclosure of notes on net borrowings ratio Notes 1) Borrowing is gross of unamortised upfront fees of INR 77.45 mn as at Dec 31, 2025 2) The borrowings disclosed in the above table are solely availed at the Trust level. There are no external borrowings at the SPVs. 3) Deferred payments is towards lease liabilities. 4) Cash and Cash Equivalents includes Investment in overnight mutual funds as per Explanation 1 to Regulation 20 (2) of SEBI InvIT Regulations. 5) Term loans outstanding as at December 31, 2025 have been availed from Axis Bank Limited and India Infrastructure Finance Company Limited (IIFCL) For detail breakup of cash and cash equivalent and value of InvIT Asset, refer borrowing Ratio in Published financial results for nine months ended Dec 31, 2025


Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Particulars 3 months/ 6 months ended(dd-mm-yyyy) Year to date figures for current period ended(dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Balance at the beginning of the current reporting period 3,24,000.00 3,24,000.00
2 Changes in Unit Capital due to prior period errors 0.00 0.00
3 Restated balance at the beginning of the current reporting period 0.00 0.00
4 Changes in Unit Capital due to prior period errors 0.00 0.00
5 Balance at the end of the current reporting period 3,24,000.00 3,24,000.00
Disclosure of notes on changes in unit capital Textual Information(1) Textual Information(2)


Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025
Date of end of reporting period 31-12-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated

B(i). Other Equity

Share application money pending allotment Equity component of compound financial instruments Reserves and Surplus Debt instruments through Other Comprehensive Income Equity Instruments through Other Comprehensive Income Effective portion of Cash Flow Hedges Revaluation Surplus Exchange differences on translating the financial statements of a foreign operation Other items of Other Comprehensive Income (specify nature) Money received against share warrants Total
Capital Total Reserve Securities Premium Other Reserves (specify nature) Retained Earnings
1 Balance at the beginning of the current reporting period 3,503.50 (28,415.50) (24,912.00)
2 Changes in accounting policy or prior period errors 0.00 0.00 0.00
3 Restated balance at the beginning of the current reporting period 0.00 0.00 0.00
4 Total Comprehensive Income for the current year 0.00 2,232.20 2,232.20
5 Dividends 0.00 (9,133.90) (9,133.90)
6 Transfer to retained earnings 0.00 0.00 0.00
7 Any other change 0.00 0.00 0.00
8 Balance at the end of the current reporting period 3,503.50 (35,317.20) (31,813.70)
9 Details of any other change (If figures reported in No. 7)


Textual Information(1) Distribution to unit holders of INR 913.39 Million is shown as Dividends


Amount in (Lakhs)

Particulars "Year to date figures for current period ended (dd-mm-yyyy)"
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-12-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated

B(ii). Other Equity

Share application money pending allotment Equity component of compound financial instruments Reserves and Surplus Debt instruments through Other Comprehensive Income Equity Instruments through Other Comprehensive Income Effective portion of Cash Flow Hedges Revaluation Surplus Exchange differences on translating the financial statements of a foreign operation Other items of Other Comprehensive Income (specify nature) Money received against share warrants Total
Capital Total Reserve Securities Premium Other Reserves (specify nature) Retained Earnings
1 Balance at the beginning of the current reporting period 3,503.50 (15,360.70) (11,857.20)
2 Changes in accounting policy or prior period errors 0.00 0.00 0.00
3 Restated balance at the beginning of the current reporting period 0.00 0.00 0.00
4 Total Comprehensive Income for the current year 0.00 8,170.50 8,170.50
5 Dividends 0.00 (28,127.00) (28,127.00)
6 Transfer to retained earnings 0.00 0.00 0.00
7 Any other change 0.00 0.00 0.00
8 Balance at the end of the current reporting period 3,503.50 (35,317.20) (31,813.70)
9 Details of any other change (If figures reported in No. 7)


Textual Information(2) Distribution to unit holders of INR 2,812.70 Million is shown as Dividends


Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Sr no. Types of Borrowings Opening Outstanding Raised During the period Repaid during the period Closing Outstanding
1 Borrowings from Domestic - Banks/ Financial Institutions (including term loans) 1,75,765.30 0.00 1,350.30 1,74,415.00
2 Non-Convertible Debentures (NCDs) 1,50,000.00 0.00 0.00 1,50,000.00
3 Non-Convertible Preference Shares (NCRPs) 0.00 0.00 0.00 0.00
4 ECBs 0.00 0.00 0.00 0.00
Whether fund raised through debt consolidated other than above? No


Details of Borrowing / Debt (Raised during the period)

Debt securities (NCDs) Loans / ECB Preference Capital (NCRPS)
Sr no. InvIT / HoldCo / SPVs ISIN Amount raised Coupon Rate Interest payment frequency Secured/unsecured Tenure (in months) Assets on which charge is created, if any Name of the lender Amount Assets on which charge is created, if any Tenure (in months) Name of the lender Amount Assets on which charge is created, if any Tenure (in months)


Disclosures of Ratios

Amount in (Lakhs)

Whether the REITS/INVITS have any outstanding borrowings? Yes
Sr. No Particulars Ratio Remarks
1 Debt equity ratio 1.11
2 Debt service coverage ratio 2.06
3 Interest service coverage ratio 2.52
4 Asset cover available ratio 2.00
5 Total debts to total assets 0.46
6 Current ratio 4.77
7 EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin) 88.74
8 Net profit margin percent 1301.00
9 Net operating income margin 0.00 Not applicable
10 Distribution per unit (In Rs.) 239.00
11 Net worth i.e.: Unitholders funds 2,92,186.30


Details of Capital raised during the period

Amount in (Lakhs)

Sr no. Nature of issue (Right Issue/ Preferential Issue/ Institutional Placement) Date of Board Approval Date of Unitholders Approval Date of Issue Issue Size (Number of Units) Issue Size Issue Price per Unit Date of Allotment of Securities Details of Listing of Securites



Text Block
Details Of Capital Raised During The Period Explanatory



Details of Assets acquired during the reporting period

Amount in (Lakhs)

Sr.No. Nature of the Asset Date of Meeting of Board of the Manager / IM / Unitholders Approval Type of transaction (Outright purchase / Joint Venture / Joint Development / Area Share / Others) Date on which the Asset was acquired Total consideration Name of the Parties from whom the Asset was acquired Whether it is a Related Party Transaction Valuation of the Asset Acquired Remarks



Text Block
Details Of Assets Acquired During The Reporting Period Explanatory



Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Sr.No. Nature of the Asset Date of Meeting of Board of the Manager / IM / Unitholders Approval Type of transaction (Outright sale / Joint Venture / Joint Development / Area Share / Others) Date on which the Asset was disposed off Total consideration Name of the Parties to whom the Asset was disposed off Whether it is a Related Party Transaction Valuation of the Asset Acquired Remark Note



Text Block
Details Of Assets DisposedOff During The Reporting Period Explanatory




Details of Distributions made during each quarter of the Financial Year

A Date of start of reporting period 01-10-2025
B Date of end of reporting period 31-12-2025
B Details of Distribution made during the period, if applicable: (Yes/No) Yes
Sr. Particulars
1 Record Date 05-11-2025
2 Date of Board Meeting in which the distribution declared 31-10-2025
3 Total amount of distribution declared Total amount (in Rs. Lakhs) Total Amount Per Unit (in Rs.)
4 Out of the total amount of distribution declared, the amount in the form of interest, less taxes, if any 9,130.50 2.69
5 Out of the total amount of distribution declared, the amount in the form of dividend 0.00 0
6 Out of the total amount of distribution declared, including amount in the form of amortization of SPV level debt 0.00 0
7 Out of the total amount of distribution declared, the amount in form of other income 3.40 0
8 Due date of the payment of distribution 12-11-2025
9 Date by which payment of distribution is completed 06-11-2025

Disclosure of notes on distribution Gross distribution in form of interest 913.05 Million - (DPU = 2.81805) Tax deductions 42.85 Million Net Distribution in form of interest 870.20 Million (DPU = 2.68579)




Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-10-2025
2 Date of end of reporting period 31-12-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Megasolis Renewables Private Limited
Category Holdcos
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 32,163.00
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 32,163.00
2 Other Equity (1,508.30)
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 30,654.70
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 5,503.20
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 3,545.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 1,95,273.70
Total Net Debt 2,04,321.90
C Total Capitalisation 2,34,976.60
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs The figures presented are as of 31st December 2025 and are therefore independent of the quarter or nine months period ended.


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-10-2025
2 Date of end of reporting period 31-12-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Mega Suryaurja Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 1,333.30
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 1,333.30
2 Other Equity (4,830.60)
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds (3,497.30)
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 8,037.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 11,802.60
Total Net Debt 19,839.60
C Total Capitalisation 16,342.30
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs The figures presented are as of 31st December 2025 and are therefore independent of the quarter or nine months period ended.


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-10-2025
2 Date of end of reporting period 31-12-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Emergent solren Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 977.30
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 977.30
2 Other Equity 716.70
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 1,694.00
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 1,814.70
7 Loans from REITs / InvITs or any other inter SPV Borrowings 95,914.50
Total Net Debt 97,729.20
C Total Capitalisation 99,423.20
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs The figures presented are as of 31st December 2025 and are therefore independent of the quarter or nine months period ended.




(B)For SVPs held through HoldCos

Amount in (Lakhs)

1 Date of start of reporting period 01-10-2025
2 Date of end of reporting period 31-12-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos Megasolis Renewables Private Limited
Name of SVPs Neo Solren Private Limited
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 931.50
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 931.50
2 Other Equity 6,187.80
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 7,119.30
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 549.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 15,098.20
Total Net Debt 15,647.20
C Total Capitalisation 22,766.50
Disclosure of notes for SVPs held through HoldCos Notes :


Disclosure of notes for SVPs held through HoldCos The figures presented are as of 31st December 2025 and are therefore independent of the quarter or nine months period ended.


(B)For SVPs held through HoldCos

Amount in (Lakhs)

1 Date of start of reporting period 01-10-2025
2 Date of end of reporting period 31-12-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos Megasolis Renewables Private Limited
Name of SVPs Brightsolar Renewable Energy Private Limited
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 952.40
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 952.40
2 Other Equity 1,474.30
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 2,426.70
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 105.40
7 Loans from REITs / InvITs or any other inter SPV Borrowings 2,842.70
Total Net Debt 2,948.10
C Total Capitalisation 5,374.80
Disclosure of notes for SVPs held through HoldCos Notes :


Disclosure of notes for SVPs held through HoldCos The figures presented are as of 31st December 2025 and are therefore independent of the quarter or nine months period ended.


(B)For SVPs held through HoldCos

Amount in (Lakhs)

1 Date of start of reporting period 01-10-2025
2 Date of end of reporting period 31-12-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos Megasolis Renewables Private Limited
Name of SVPs Astra Solren Private Limited
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 889.00
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 889.00
2 Other Equity 8,661.40
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 9,550.40
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 139.50
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 366.10
7 Loans from REITs / InvITs or any other inter SPV Borrowings 17,922.10
Total Net Debt 18,427.70
C Total Capitalisation 27,978.10
Disclosure of notes for SVPs held through HoldCos Notes :


Disclosure of notes for SVPs held through HoldCos The figures presented are as of 31st December 2025 and are therefore independent of the quarter or nine months period ended.




Details of Impact of Audit Qualification

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins & Sells LLP Yes 31-07-2027