IRB InvIT Fund reports Q4 FY18 revenue at Rs 151 crore
Updated : April 30, 2018 08:15 PM IST
The InvIT also announced distribution of cash flow of Rs 174.15 crore to its unit holders at Rs 3 per unit, thus annualising the same to Rs 12.1 per unit for FY18, which includes Rs 2.20 per unit as interest and Rs 0.80 per unit as return of capital
IRB InvIT is managing seven operational road assets at present, with an aggregate value of around Rs 7,560 crore spread across the states of Maharashtra, Gujarat, Rajasthan, Karnataka, Tamil Nadu and Punjab.
With 118 projects, Tamil Nadu ranks first in the list of top 10 Indian states in terms of gross sq ft (491 lakh sq ft) of LEED (Leadership in Energy and Environmental Design) certified space followed by Maharashtra.