Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Unmodified opinion issued by Statutory Auditors for both standalone and consolidated financial results

Key Financial Highlights [₹ in millions]:

Consolidated Results:

Revenue from Operations: ₹2,005.46 (Q1 FY27) vs ₹1,629.41 (Q1 FY26) - 23.1% YoY increase

Total Income: ₹2,405.35 (Q1 FY27) vs ₹1,728.33 (Q1 FY26)

Finance Costs: ₹1,313.16 (Q1 FY27) vs ₹1,352.67 (Q1 FY26)

Depreciation and amortization expense: ₹765.40 (Q1 FY27) vs ₹571.41 (Q1 FY26)

Net Loss: ₹(116.27) (Q1 FY27) vs ₹(654.98) (Q1 FY26)

EPS: (₹0.04) basic and diluted (Face value ₹10 per share)

Other Equity: ₹32,145.41 (as of March 31, 2026)

Standalone Results:

Revenue from Operations: ₹420.52 (Q1 FY27)

Other Income: ₹770.91 (Q1 FY27)

Total Income: ₹1,191.43 (Q1 FY27) vs ₹492.14 (Q1 FY26)

Net Profit: ₹634.83 (Q1 FY27) vs ₹(115.78) (Q1 FY26)

EPS: ₹0.26 basic and diluted (Face value ₹10 per share)

Other Equity: ₹47,223.65 (as of March 31, 2026)

Segment-wise Performance:

Group's sole business segment is leasing of industrial and logistic spaces. Group operates only in India. Consequently, there are no reportable segments as required under IND AS 108 - "Segment Reporting".

Corporate Actions:

  • Completed Initial Public Offer (IPO) of 43,33,76,374 equity shares of face value ₹10 each
  • 43,28,59,874 equity shares issued at issue price of ₹60.00 per share (including securities premium of ₹50.00 per share)
  • 5,16,500 shares issued to employees at issue price of ₹55.00 per share (including securities premium of ₹45.00 per share)
  • Total issued and subscribed equity shares aggregated to ₹26,000.00 millions
  • Equity shares listed on NSE and BSE on August 24, 2026
  • Paid-up Equity Share Capital: ₹24,495.26 million

Other Significant Information:

  • Vidarbha Cargo Private Limited (subsidiary) received capital subsidy of ₹400.00 million from Government of Maharashtra towards construction of Ultra Mega Logistics Park under Maharashtra Logistics Policy-2024
  • Subsidy adjusted against cost of related assets in accordance with IND AS 20
  • Acquired 49.00% equity stake in Vision Softech Facilities Private Limited post-quarter end
  • Company has 53 subsidiaries as listed in Annexure 1