Financial Results - REITs or InvITs

General information about REITs or InvITs

Scrip Code	544338
NSE Symbol	CAPINVIT
MSEI Symbol	NOTLISTED
ISIN	INE0Z8Z23013
Name of Entity	Capital 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	19-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	13-05-2026
Description of presentation currency	INR
Level of rounding	Lakhs
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
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	Audited
Segment Reporting	Single segment
Description of single segment	Road InvIT
Start date and time of board meeting	19-05-2026 16:40:00
End date and time of board meeting	19-05-2026 17:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
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	01-01-2026	01-04-2025
B	Date of end of reporting period	31-03-2026	31-03-2026
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
1	Income
(a)	Revenue from operations	25,659.90	78,432.10
(b)	Other income
1	Interest Income on bank deposits	244.10	511.40
	Total other income	244.10	511.40
	Total income	25,904.00	78,943.50
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	0.00	0.00
(e)	Finance costs	4,851.50	18,147.50
(f)	Depreciation, depletion and amortisation expense	0.00	0.00
(g)	Other Expenses
1	Statutory audit fees	59.80	178.10
2	Legal and professional expenses	99.40	145.00
3	Listing expenses	19.30	72.30
4	Rating expenses	8.50	43.90
5	Trustee fees	13.00	23.60
6	Valuation Fees	8.50	29.90
7	Rates and taxes	0.70	2.80
8	Miscellaneous expenses	11.00	24.90
	Total other expenses	220.20	520.50
	Total expenses	5,071.70	18,668.00
3	Total profit/(loss) before exceptional items and tax	20,832.30	60,275.50
4	Exceptional items	4,576.70	(31,505.60)
5	Total profit/(loss) before tax	25,409.00	28,769.90
6	Tax expense
7	Current tax	104.30	218.60
8	Deferred tax	0.00	0.00
9	Total tax expenses	104.30	218.60
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	25,304.70	28,551.30
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	25,304.70	28,551.30
17	Other comprehensive income net of taxes	0.00	0.00
18	Total Comprehensive Income for the period	25,304.70	28,551.30
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of unit capital
	Paid-up unit capital	4,26,355.80	4,26,355.80
22	Earnings per unit
i	Earnings per unit capital for continuing operations
	Basic earnings (loss) per unit from continuing operations	5.15	8.38
	Diluted earnings (loss) per unit from continuing operations	5.15	8.38
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	5.15	8.38
	Diluted earnings (loss) per unit from continuing and discontinued operations	5.15	8.38
23	Disclosure of notes on financial results	Textual Information(1)	Textual Information(2)

Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	0.00
	Capital work-in-progress	0.00
	Investment property	0.00
	Goodwill	0.00
	Other intangible assets	0.00
	Intangible assets under development	0.00
	Biological assets other than bearer plants	0.00
	Investments accounted for using equity method	0.00
	Non-current financial assets
	Non-current investments	1,27,606.80
	Trade receivables, non-current	0.00
	Loans, non-current	4,74,683.10
	Other non-current financial assets
1	Other financial asset	24.50
	Total of Other non-current financial assets	24.50
	Total non-current financial assets	6,02,314.40
	Deferred tax assets (net)	0.00
	Other non-current assets
	Total of Other non-current assets
	Total non-current assets	6,02,314.40
2	Current assets
	Inventories	0.00
	Current financial asset
	Current investments	0.00
	Trade receivables, current	0.00
	Cash and cash equivalents	4,882.50
	Bank balance other than cash and cash equivalents	39.70
	Loans, current	41,181.50
	Other current financial assets
1	Other financial assets	250.00
	Total of Other current financial assets	250.00
	Total current financial assets	46,353.70
	Current tax assets (net)	0.00
	Other current assets
1	Other current assets	1.80
	Total of Other current assets	1.80
	Total current assets	46,355.50
3	Non-current assets classified as held for sale	0.00
4	Regulatory deferral account debit balances and related deferred tax Assets	0.00
	Total assets	6,48,669.90
	Unit Capital and liabilities
1	Unit Capital
	Unit Capital attributable to owners of parent
	Unit capital	4,26,355.90
	Other equity	(76,731.70)
	Total equity attributable to owners of parent	3,49,624.20
	Non controlling interest
	Total Unit Capital	3,49,624.20
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2,79,228.30
	Lease liabilities, non-current	0.00
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0.00
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0.00
	Total Trade payable	0.00
	Other non-current financial liabilities
	Total of Other non-current financial liabilities
	Total non-current financial liabilities	2,79,228.30
	Provisions, non-current	0.00
	Deferred tax liabilities (net)	0.00
	Deferred government grants, Non-current	0.00
	Other non-current liabilities
	Total of Other non-current liabilities
	Total non-current liabilities	2,79,228.30
	Current liabilities
	Current financial liabilities
	Borrowings, current	16,861.60
	Lease liabilities, current	0.00
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0.00
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	271.40
	Total Trade payable	271.40
	Other current financial liabilities
1	Other financial liabilities	2,649.20
	Total of Other current financial liabilities	2,649.20
	Total current financial liabilities	19,782.20
	Other current liabilities
1	Other current liabilities	34.50
	Total of Other current liabilities	34.50
	Provisions, current	0.00
	Current tax liabilities (Net)	0.70
	Deferred government grants, Current
	Total current liabilities	19,817.40
3	Liabilities directly associated with assets in disposal group classified as held for sale	0.00
4	Regulatory deferral account credit balances and related deferred tax liability	0.00
	Total liabilities	2,99,045.70
	Total equity and Liabilities	6,48,669.90
	Disclosure of notes on assets and liabilities

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		01-01-2026	01-04-2025
Date of end of reporting period		31-03-2026	31-03-2026
Whether results are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
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	01-01-2026	01-04-2025
B	Date of end of reporting period	31-03-2026	31-03-2026
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	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)

Cash flow statement, indirect

Amount in (Lakhs)

Particulars			Year ended (dd-mm-yyyy)
A	Date of start of reporting period		01-04-2025
B	Date of end of reporting period		31-03-2026
C	Whether results are audited or unaudited		Audited
D	Nature of report standalone or consolidated		Standalone
Part I
1	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax		28,769.90
2	Adjustments for reconcile profit (loss)
	Adjustments for finance costs		18,147.50
	Adjustments for decrease (increase) in inventories		0.00
	Adjustments for decrease (increase) in trade receivables, current		0.00
	Adjustments for decrease (increase) in trade receivables, non-current		0.00
	Adjustments for decrease (increase) in other current assets		(0.10)
	Adjustments for decrease (increase) in other non-current assets		0.00
	Adjustments for other financial assets, non-current		0.00
	Adjustments for other financial assets, current		0.00
	Adjustments for other bank balances		0.00
	Adjustments for increase (decrease) in trade payables, current		(109.20)
	Adjustments for increase (decrease) in trade payables, non-current		0.00
	Adjustments for increase (decrease) in other current liabilities		(2,350.00)
	Adjustments for increase (decrease) in other non-current liabilities		0.00
	Adjustments for depreciation and amortisation expense		0.00
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss		31,505.60
	Adjustments for provisions, current		0.00
	Adjustments for provisions, non-current		0.00
	Adjustments for other financial liabilities, current		0.00
	Adjustments for other financial liabilities, non-current		0.00
	Adjustments for unrealised foreign exchange losses gains		0.00
	Adjustments for dividend income		0.00
	Adjustments for interest income		0.00
	Adjustments for share-based payments		0.00
	Adjustments for fair value losses (gains)		0.00
	Adjustments for undistributed profits of associates		0.00
	Other adjustments for which cash effects are investing or financing cash flow		(511.40)
	Other adjustments to reconcile profit (loss)		0.00
	Other adjustments for non-cash items		0.00
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships		0.00
	Total adjustments for reconcile profit (loss)		46,682.40
	Net cash flows from (used in) operations		75,452.30
	Dividends received		(33,066.10)
	Interest paid		0.00
	Interest received		(45,366.00)
	Income taxes paid (refund)		218.60
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) operating activities		(3,198.40)
3	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses		0.00
	Cash flows used in obtaining control of subsidiaries or other businesses		0.00
	Other cash receipts from sales of equity or debt instruments of other entities		0.00
	Other cash payments to acquire equity or debt instruments of other entities		43,838.20
	Other cash receipts from sales of interests in joint ventures		0.00
	Other cash payments to acquire interests in joint ventures		0.00
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships		0.00
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships		0.00
	Proceeds from sales of property, plant and equipment		0.00
	Purchase of property, plant and equipment		0.00
	Proceeds from sales of investment property		0.00
	Purchase of investment property		0.00
	Proceeds from sales of intangible assets		0.00
	Purchase of intangible assets		0.00
	Proceeds from sales of intangible assets under development		0.00
	Purchase of intangible assets under development		0.00
	Proceeds from sales of goodwill		0.00
	Purchase of goodwill		0.00
	Proceeds from biological assets other than bearer plants		0.00
	Purchase of biological assets other than bearer plants		0.00
	Proceeds from government grants		0.00
	Proceeds from sales of other long-term assets		0.00
	Purchase of other long-term assets		0.00
	Cash advances and loans made to other parties		1,96,593.20
	Cash receipts from repayment of advances and loans made to other parties		31,258.50
	Cash payments for future contracts, forward contracts, option contracts and swap contracts		0.00
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts		0.00
	Dividends received		33,066.10
	Interest received		39,128.10
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		8,673.30
	Net cash flows from (used in) investing activities	(1,28,305.40)
4	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries		0.00
	Payments from changes in ownership interests in subsidiaries		0.00
	Proceeds from issuing unit		1,59,500.60
	Proceeds from issuing other equity instruments		0.00
	Payments to acquire or redeem entity's shares/units		0.00
	Payments of other equity instruments		0.00
	Proceeds from exercise of stock options		0.00
	Proceeds from issuing debentures notes bonds etc		0.00
	Proceeds from borrowings		1,75,000.00
	Repayments of borrowings		1,15,050.20
	Payments of lease liabilities		0.00
	Dividends paid		0.00
	Interest paid		18,432.70
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		(64,820.00)
	Net cash flows from (used in) financing activities		1,36,197.70
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes		4,693.90
5	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents		0.00
	Net increase (decrease) in cash and cash equivalents		4,693.90
	Cash and cash equivalents cash flow statement at beginning of period		188.60
	Cash and cash equivalents cash flow statement at end of period		4,882.50

Other inflows (outflows) of cash(operating activities)

Other inflows (outflows) of cash(Investing Activities)

Indemnification Claim Received- 525.53 Earmarked Balances with Banks - 290.66 Interest received on bank deposits- 51.14

Other inflows (outflows) of cash (Financing Activities)

Unit Issue Expenses - 223.19 Distribution -repayment of capital - 2092.56 Distribution - Dividend - 3890.85 Distribution- Interest and Others- 275.4

Disclosure of notes on cash flow statement, indirect

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Rohna Jhajjar Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	2,356.90
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	18.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	18.00
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 EMIï¿½s 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	834.50
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)	834.50
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,540.40
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Rohna Sonepat Highways Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	3,700.10
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	40.80
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	40.80
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 EMIï¿½s 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	2,358.90
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)	2,358.90
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,382.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Nainital Highways Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	(636.90)
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	3.40
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	3.40
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 EMIï¿½s 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	1,160.90
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)	1,160.90
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	(1,794.40)
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Narnaul Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	6,730.30
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	38.60
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	38.60
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 EMIï¿½s 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	5,284.50
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)	5,284.50
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,484.40
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Khajuwala Bap Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	2,781.50
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	35.20
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	35.20
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 EMIï¿½s 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	1,486.70
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)	1,486.70
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,330.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Dewas Ujjain Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	3,355.50
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	10.50
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	10.50
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	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s 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	1,226.10
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)	1,226.10
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	2,139.90
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Bangalore Highways Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	4,855.30
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	94.60
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	94.60
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 EMIï¿½s 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	2,614.10
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)	2,614.10
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	2,335.80
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Gawar Kiratpur Nerchowk Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	(217.20)
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	43.80
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	43.80
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 EMIï¿½s 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	141.30
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)	141.30
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	(314.70)
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Hardiya Hasanpur Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	(945.30)
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	(0.90)
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	(0.90)
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 EMIï¿½s 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	(2.40)
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)	(2.40)
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	(943.80)
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	JRR Highways Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	(29.80)
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	31.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	31.00
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	515.10
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s 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	(2,847.10)
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)	(2,847.10)
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	2,333.20
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Hasanpur Bhaktiyarpur Highway Private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	11,215.70
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	37.40
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	37.40
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	27.20
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s 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	(2.50)
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)	(2.50)
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	11,228.40
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Korba Highway private Limited
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	7,266.10
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
726.61
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	30.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	30.00
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	1,176.20
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s 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	5,075.90
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)	5,075.90
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	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,044.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)


A	Name of Project	Capital Infra Trust
B	Date of start of reporting period	01-01-2026
C	Date of end of reporting period	31-03-2026
Sr.	Particulars	Amount
	Cashflows from operating activities of the Trust	(1,900.10)
1	Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework
1	Cash flow from 12 SPV's	21,765.10
2	Indmenity Claim net of Expenses	3,023.40
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
Indmenity Claim net of Expenses

	Total (1)	24,788.50
2	Add: Treasury income / income from investing activities of the Trust
a	Interest income received from FD	244.10
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
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)	244.10
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	5,015.40
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)	5,652.20
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	(3,715.30)
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)	(3,715.30)
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	0.00
	Net Distributable Cash Flow at Trust level	16,180.20
	Notes:
NDCF - 1618.01 Interim Distribution- 438.29 Balance Distribution- 1179.72

Statement of Net Assets at Fair Value (NAV)

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
Sr.	Particulars	Book Value	Fair Value
A	Total Assets	6,48,669.90	6,66,341.60
B	Total Liabilities	2,99,045.70	2,99,045.70
C	Net Assets (A - B)	3,49,624.20	3,67,295.90
D	Less: Non-Controlling Interest	0.00	0.00
E	Net Assets attributable to unitholders (C-D)	3,49,624.20	3,67,295.90
F	No. of Units	491551773	491551773
G	NAV per unit (E/F)	71.13	74.72
	Disclosure of notes on net assets at fair value	Text Block(1)	Text Block(2)

Statement of Total Returns at Fair Value

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Particulars	Amount
1	Total Comprehensive Income (As per the Statement of Profit and loss)	28,551.30
	Add/Less: Other Changes in Fair Value not recognized in Total Comprehensive Income
1	Other changes in fair value for the year	17,528.80
	Total Other Changes in Fair Value not recognized in Total Comprehensive Income	17,528.80
	Total Return	46,080.10
	Disclosure of notes on total returns at fair value

Statement of Net Borrowings Ratio

Amount in (Lakhs)

Sr.	Particulars	Amount
A	Borrowings [Refer Notes 1 & 2]	2,97,993.10
B	Deferred Payments [Refer Notes 1 & 3]	0.00
C	Cash and Cash Equivalents [Refer Notes 1 & 3]	43,679.40
D	Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C)	2,54,313.70
E	Value of REIT/InVIT assets [Refer Notes 3 & 4]	6,22,346.10
F	Net Borrowings Ratio (D/E)	0.41
	Disclosure of notes on net borrowings ratio

Disclosure of notes on net borrowings ratio

Please note all these figures pretains to consolidating borrowings ratio in the InVIT. 1. Borrowings: InVIT: a) NCD's Tranche 1 : i) ICICI Bank Limited- 4874.88 ii) IIFCL - 4874.88 b) NCD's Tranche 2 : i) HDFC Bank Limited - 2529.85 c) RTL- HDFC Bank Limited - 6191.24 d) RTL- Union Bank of India - 11328.45 Total Borrowings - 29799.31 2. Cash and Cash Equivalents a)Dewas Ujjain Highway Private Limited - 142.81 b)Gawar Kiratpur Nerchowk Private Limited - 39.46 c)Hardiya Hasanpur Highway Private Limited- 0.29 d)Gawar Bangalore Highways Private Limited - 709.73 e)Gawar Nainital Highways Private Limited - 218.92 f)Gawar Rohna Jhajjar Highway Private Limited - 106.74 g)Gawar Rohna Sonepat Highways Private Limited - 346.11 h)Gawar Khajuwala Bap Highway Private Limited - 314.26 i)Gawar Narnual Highway Private Limited - 551.43 j)JRR Highways Private Limited- 142.14 k)Korba Highway Private Limited - 682.09 l)Hasanpur Bakhtiyarpur Highway Private Limited- 625.69 m) CIT - Trust- 488.27 Total - 4367.94 3. Value of Assets a)Dewas Ujjain Highway Private Limited - 3247.84 b)Gawar Kiratpur Nerchowk Private Limited - 10744.50 c)Hardiya Hasanpur Highway Private Limited- 5286.10 d)Gawar Bangalore Highways Private Limited - 4694.59 e)Gawar Nainital Highways Private Limited - 2414.17 f)Gawar Rohna Jhajjar Highway Private Limited - 2395.62 g)Gawar Rohna Sonepat Highways Private Limited - 3772.88 h)Gawar Khajuwala Bap Highway Private Limited - 2321.61 i)Gawar Narnual Highway Private Limited - 3412.90 j)JRR Highways Private Limited- 6815.77 k)Korba Highway Private Limited - 4037.29 l)Hasanpur Bakhtiyarpur Highway Private Limited- 13091.34 Total - 62234.61

Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone

1	Balance at the beginning of the current reporting period	2,69,087.10
2	Changes in Unit Capital due to prior period errors	0.00
3	Restated balance at the beginning of the current reporting period	2,69,087.10
4	Changes in Unit Capital due to prior period errors	1,57,268.70
5	Balance at the end of the current reporting period	4,26,355.80
	Disclosure of notes on changes in unit capital	Textual Information(1)

Amount in (Lakhs)

Particulars

Year ended (dd-mm-yyyy)

Date of start of reporting period

01-04-2025

Date of end of reporting period

31-03-2026

Whether results are audited or unaudited

Audited

Nature of report standalone or consolidated

Standalone

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
		Share application money pending allotment	Equity component of compound financial instruments	Capital Total Reserve	Securities Premium	Other Reserves (specify nature)	Retained Earnings	Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus			Money received against share warrants	Total
1	Balance at the beginning of the current reporting period	0.00	0.00	0.00	0.00	0.00	(42,694.90)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(42,694.90)
2	Changes in accounting policy or prior period errors	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
3	Restated balance at the beginning of the current reporting period	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
4	Total Comprehensive Income for the current year	0.00	0.00	0.00	0.00	0.00	28,551.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	28,551.30
5	Dividends	0.00	0.00	0.00	0.00	0.00	(38,908.50)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(38,908.50)
6	Transfer to retained earnings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
7	Any other change	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
8	Balance at the end of the current reporting period	0.00	0.00	0.00	0.00	0.00	(55,806.10)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	(55,806.10)
9	Details of any other change (If figures reported in No. 7)

Textual Information(1)

Distribution- Repayment of Capital- 2092.56 MN Distribution to unit holders in the form of interest and others- 275.40 MN

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)	0.00	1,75,000.00	181.30	1,74,818.70
2	Non-Convertible Debentures (NCDs)	2,36,300.00	0.00	1,15,028.80	1,21,271.20
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 funds raised through debt consolidated basis explanatory

Term Borrowings are shown as per IND-AS-109 after adjusting processing fees

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)

InviT

ZZZ999Z99999

0.00

Secured

P0M

HDFC Bank Limited

61,702.10

PARI PASSU ON MOVABLE ASSETS

P156M

0.00

P0M

InviT

ZZZ999Z99999

0.00

Secured

P0M

Union Bank of India

1,13,297.90

PARI PASSU ON MOVABLE ASSETS

P156M

0.00

P0M

Disclosures of Ratios

Amount in (Lakhs)

Sr. No	Particulars	Ratio	Remarks
Whether the REITS/INVITS have any outstanding borrowings?		Yes
1	Debt equity ratio	0.86
2	Debt service coverage ratio	0.09	ok
3	Interest service coverage ratio	4.23	ok
4	Asset cover available ratio	1.96	ok
5	Total debts to total assets	0.45
6	Current ratio	5.34
7	EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin)	99.60
8	Net profit margin percent	68.93
9	Net operating income margin	0.00
10	Distribution per unit (In Rs.)	2.4	Distribution declared for Q4 FY-25-26 2.40/- per unit
11	Net worth i.e.: Unitholders funds	3,46,084.00

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	01-01-2026
B	Date of end of reporting period	31-03-2026
B	Details of Distribution made during the period, if applicable: (Yes/No)	Yes
Sr.	Particulars
1	Record Date	10-02-2026
2	Date of Board Meeting in which the distribution declared	05-02-2026
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	2,039.80	0.41
5	Out of the total amount of distribution declared, the amount in the form of dividend	7,568.50	1.54
6	Out of the total amount of distribution declared, including amount in the form of amortization of SPV level debt	1,851.10	0.38
7	Out of the total amount of distribution declared, the amount in form of other income	40.60	0.01
8	Due date of the payment of distribution	17-02-2026
9	Date by which payment of distribution is completed	13-02-2026

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Rohna Jhajjar Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		3,900.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		3,900.00
2	Other Equity		(86.60)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		3,813.40
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		277.10
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		230.90
7	Loans from REITs / InvITs or any other inter SPV Borrowings		19,421.50
	Total Net Debt		19,929.50
C	Total Capitalisation		23,742.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Rohna Sonepat Highways Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		6,000.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		6,000.00
2	Other Equity		1,327.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		7,327.00
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		1,284.50
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		236.20
7	Loans from REITs / InvITs or any other inter SPV Borrowings		32,394.20
	Total Net Debt		33,914.90
C	Total Capitalisation		41,241.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Nainital Highways Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		980.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		980.00
2	Other Equity		1,615.20
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		2,595.20
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		282.10
7	Loans from REITs / InvITs or any other inter SPV Borrowings		20,766.10
	Total Net Debt		21,048.20
C	Total Capitalisation		23,643.40
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Narnaul Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		6,100.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		6,100.00
2	Other Equity		448.10
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		6,548.10
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		1,281.90
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		226.60
7	Loans from REITs / InvITs or any other inter SPV Borrowings		31,028.00
	Total Net Debt		32,536.50
C	Total Capitalisation		39,084.60
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Khajuwala Bap Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		5,300.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		5,300.00
2	Other Equity		(17.50)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		5,282.50
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		1,314.40
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		202.60
7	Loans from REITs / InvITs or any other inter SPV Borrowings		17,041.80
	Total Net Debt		18,558.80
C	Total Capitalisation		23,841.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Dewas Ujjain Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1,900.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		1,900.00
2	Other Equity		296.10
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		2,196.10
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		437.90
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		200.20
7	Loans from REITs / InvITs or any other inter SPV Borrowings		27,377.90
	Total Net Debt		28,016.00
C	Total Capitalisation		30,212.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Bangalore Highways Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2,391.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		2,391.00
2	Other Equity		(1,977.10)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		413.90
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		352.60
7	Loans from REITs / InvITs or any other inter SPV Borrowings		51,700.00
	Total Net Debt		52,052.60
C	Total Capitalisation		52,466.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Gawar Kiratpur Nerchowk Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		5,700.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		5,700.00
2	Other Equity		16,423.10
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		22,123.10
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		1,200.60
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		3,704.90
7	Loans from REITs / InvITs or any other inter SPV Borrowings		71,124.60
	Total Net Debt		76,030.10
C	Total Capitalisation		98,153.20
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Hardiya Hasanpur Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2,410.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		2,410.00
2	Other Equity		(2,146.00)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		264.00
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		1,963.50
7	Loans from REITs / InvITs or any other inter SPV Borrowings		43,828.80
	Total Net Debt		45,792.30
C	Total Capitalisation		46,056.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		JRR Highways Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2,500.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		2,500.00
2	Other Equity		5,849.20
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		8,349.20
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		598.70
7	Loans from REITs / InvITs or any other inter SPV Borrowings		50,680.20
	Total Net Debt		51,278.90
C	Total Capitalisation		59,628.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Hasanpur Bhaktiyarpur Highway Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		6,000.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		6,000.00
2	Other Equity		6,071.60
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		12,071.60
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		1,651.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		1,03,193.70
	Total Net Debt		1,04,844.70
C	Total Capitalisation		1,16,916.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Korba Highway private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1,610.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	Hare Krishna (Nominee of Capital Infra Trust)	0.00	0.00
	Total Capital		1,610.00
2	Other Equity		1,188.80
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		2,798.80
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		952.40
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		309.20
7	Loans from REITs / InvITs or any other inter SPV Borrowings		37,201.90
	Total Net Debt		38,463.50
C	Total Capitalisation		41,262.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

(B)For SVPs held through HoldCos

Amount in (Lakhs)

1	Date of start of reporting period	01-01-2026
2	Date of end of reporting period	31-03-2026
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos		NA
	Name of SVPs		NA
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		0.00
(2)	held by Other shareholders
	Name of other shareholder	% of Holiding
	Total Capital		0.00
2	Other Equity		0.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		0.00
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		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		0.00
	Total Net Debt		0.00
C	Total Capitalisation		0.00
Disclosure of notes for SVPs held through HoldCos		Notes :

Details of Impact of Audit Qualification

Whether results are audited or unaudited	Audited
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	Walker Chandiok & Co LLP	Yes	31-05-2028

Financial Results - REITs or InvITs

General information about REITs or InvITs

Financial Results Ind-AS

Amount in (Lakhs)

Statement of Asset and Liabilities

Amount in (Lakhs)

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

Amount in (Lakhs)

Other Comprehensive Income

Amount in (Lakhs)

Cash flow statement, indirect

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)

Statement of Net Assets at Fair Value (NAV)

Amount in (Lakhs)

Statement of Total Returns at Fair Value

Amount in (Lakhs)

Statement of Net Borrowings Ratio

Amount in (Lakhs)

Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Amount in (Lakhs)

B(i). Other Equity

Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Details of Borrowing / Debt (Raised during the period)

Disclosures of Ratios

Amount in (Lakhs)

Details of Capital raised during the period

Amount in (Lakhs)

Text Block

Details of Assets acquired during the reporting period

Amount in (Lakhs)

Text Block

Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Text Block

Details of Distributions made during each quarter of the Financial Year

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos