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IRB InvIT's Q4 distribution stands at Rs 2.50 per unit ANI | Updated: May 15, 2021 16:59 IST Mumbai (Maharashtra) [India], May 15 (ANI): India's first listed infrastructure investment trustIRB InvIT said on Saturday it will be distributing Rs 2.50 per unit for the quarter ended March (Q4 FY21). The yearly distribution for FY21 totals Rs 8.50 per unit in spite of lower toll collection due to lockdowns arising out of Covid-19 pandemic. The distribution cost for IRB InvIT works out to Rs 145 crore. The trust has set May 20 as a record date for distribution ...

NEW DELHI: IRB InvIT, India's first listed infrastructure investment trust, on Saturday said its revenue for the December quarter this fiscal remained almost flat at Rs 333 crore. It had clocked a revenue of Rs 330 crore in the corresponding quarter last fiscal, it said in a statement. "India's first listed Infrastructure Investment Trust will distribute Rs 2.50 per unit for Q3 FY21," it added. With this, the cumulative distribution for the nine months in FY21 is now Rs 6 per unit, which includes Rs 4.80 per unit as an interest component and Rs 1.20 as return on capital. The cumulative di...

The domestic equity market corrected sharply on Friday, led by broader selling pressure. IT, pharma and PSU banks declined sharply. Rising coronavirus cases across US, Europe and China weighed on investors' sentiment. As per provisional closing data, the barometer index, the S&P BSE Sensex, dropped 549.49 points or 1.11% to 49,034.67. The Nifty 50 index lost 161.90 points or 1.11% at 14,433.70. In the broader market, the S&P BSE Mid-Cap index fell 1.18%. The S&P BSE Small-Cap index skid 0.97%. Sellers outpaced buyers. On the BSE, 1088 shares rose and 1936 shares fell. A total of 139 shares w...