Latest news with #NationalHighwaysInfraTrust
Business Standard
29-05-2025
- Business
- Business Standard
National Highways Infra Trust consolidated net profit rises 113.77% in the March 2025 quarter
Sales rise 168.94% to Rs 646.98 crore Net profit of National Highways Infra Trust rose 113.77% to Rs 140.51 crore in the quarter ended March 2025 as against Rs 65.73 crore during the previous quarter ended March 2024. Sales rose 168.94% to Rs 646.98 crore in the quarter ended March 2025 as against Rs 240.57 crore during the previous quarter ended March 2024. For the full year,net profit rose 10.47% to Rs 325.01 crore in the year ended March 2025 as against Rs 294.20 crore during the previous year ended March 2024. Sales rose 150.43% to Rs 2363.82 crore in the year ended March 2025 as against Rs 943.91 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 646.98240.57 169 2363.82943.91 150 OPM % 86.0778.24 - 81.3677.54 - PBDT 304.80106.00 188 919.53460.96 99 PBT 85.7134.90 146 122.33213.24 -43 NP 140.5165.73 114 325.01294.20 10
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Business Standard
26-05-2025
- Business
- Business Standard
SBI Life, Vidyaniti acquire 4.25% stake in NHIT for Rs 1,100 crore
SBI Life Insurance and Vidyaniti LLP on Monday bought a 4.25 per cent unit-holding in National Highways Infra Trust for Rs 1,100 crore through the open market transaction while NHAI divested 8.24 crore units in the Trust. A total of 8.24 crore units, representing a 4.25 per cent unit-holding, was acquired by both entities. According to the block deal data available on the NSE, SBI Life Insurance Company picked up more than 3.74 crore units or 1.93 per cent holding in NHIT. Vidyaniti LLP also bought over 4.49 crore units, amounting to a 2.3 per cent unit-holding in National Highways Infra Trust, as per the data on the exchange. The units were picked up at an average price of Rs 133.57 per unit, taking the combined transaction value to Rs 1,100.61 crore. Meanwhile, NHAI offloaded 8.24 crore units of NHIT at the same price, as per the data on the National Stock Exchange (NSE). On Monday, National Highways Infra Trust's units were closed on a flat note at Rs 133.50 a unit on the NSE. National Highways Infra Trust (NHIT), an infrastructure investment trust (InvIT) sponsored by the National Highways Authority of India (NHAI), was set up in 2021 to support the government's National Monetisation Pipeline. In March, SBI Mutual Fund sold a 4.7 per cent stake in NHIT for Rs 815 crore.
Time of India
26-05-2025
- Business
- Time of India
SBI Life Insurance, Vidyaniti buy 4.25% unit-holding in NHIT for Rs 1,100 crore
SBI Life Insurance and Vidyaniti LLP invested in National Highways Infra Trust. They bought a 4.25% stake for Rs 1,100 crore. NHAI divested 8.24 crore units in the Trust. SBI Life Insurance acquired 1.93% holding. Vidyaniti LLP secured a 2.3% unit-holding. The units were priced at Rs 133.57 each. NHAI offloaded its units at the same rate. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New Delhi, SBI Life Insurance and Vidyaniti LLP on Monday bought a 4.25 per cent unit-holding in National Highways Infra Trust for Rs 1,100 crore through the open market transaction while NHAI divested 8.24 crore units in the Trust. A total of 8.24 crore units, representing a 4.25 per cent unit-holding, was acquired by both to the block deal data available on the NSE, SBI Life Insurance Company picked up more than 3.74 crore units or 1.93 per cent holding in NHIT Vidyaniti LLP also bought over 4.49 crore units, amounting to a 2.3 per cent unit-holding in National Highways Infra Trust, as per the data on the units were picked up at an average price of Rs 133.57 per unit, taking the combined transaction value to Rs 1,100.61 NHAI offloaded 8.24 crore units of NHIT at the same price, as per the data on the National Stock Exchange (NSE).On Monday, National Highways Infra Trust's units were closed on a flat note at Rs 133.50 a unit on the Highways Infra Trust (NHIT), an infrastructure investment trust (InvIT) sponsored by the National Highways Authority of India (NHAI), was set up in 2021 to support the government's National Monetisation March, SBI Mutual Fund sold a 4.7 per cent stake in NHIT for Rs 815 crore.
