Cube Highways Trust Reports Rs 3.8 Crore Profit for June Quarter

Cube Highways Trust announced a profit of Rs 3.8 crore for the June quarter, contrasting its Rs 20 crore loss the previous year. The company's income increased to Rs 830.9 crore, and a distribution per unit of Rs 2 was declared for unitholders for the FY25 quarter.

Cube Highways Trust reported a Rs 3.8 crore profit for the June quarter on Wednesday, attributed to higher income figures.

The company had faced a loss of Rs 20 crore in the same period the previous year, as revealed in an exchange filing.

Total income for the period rose to Rs 830.9 crore from Rs 781.6 crore, with expenses at Rs 823 crore compared to Rs 799.5 crore.

In a separate statement, the company’s board of directors of the investment manager announced a distribution per unit (DPU) of Rs 2 for ordinary unitholders for the first quarter of FY25.