New Delhi, Jul 29 () Power sector infrastructure investment trust Indi Grid Trust’s net profit declined by over 33 per cent to Rs 33.64 crore in the quarter ended on June 30, 2019, compared to year ago period, according to a regulatory filing.
IndiaGrid had a net profit of Rs 50.52 crore in the quarter ended on June 30, 2018, a BSE filing stated.
The Board of Sterlite Investment Managers Ltd acting as the Investment Manager of IndiGrid approved distribution of Rs 175 crore to unitholders for April-June FY2019-20.
The distribution per unit stands at Rs 3, which includes Rs 2.88 as interest and remaining Rs 0.12 as capital repayment to unitholders.
