Oriental InfraTrust reported a 72.5% decline in Profit After Tax (PAT) to ₹163.5 crore for the financial year ended March 31, 2026, compared to ₹594.3 crore in the previous year. The decrease was primarily driven by asset and goodwill impairment charges totaling ₹385 crore. Revenue from operations for FY26 increased by 6.6% year-on-year to ₹2,361.5 crore, supported by higher toll rates and the addition of the Rajiv Chowk project, despite a decline in overall traffic volumes at certain stretches.

Operational Performance

Consolidated toll revenues for FY26 rose by 7.3% to ₹1,948.4 crore, up from ₹1,815.5 crore in FY25. Average daily toll revenues in Q4FY26 stood at ₹515.3 crore, a 2.8% increase over the corresponding period in the previous year. However, traffic trends varied across projects. The Etawah Chakeri and Nagpur Bypass projects saw traffic declines of 19.9% and 12% respectively in Q4FY26, attributed to base effects from the Kumbh Mela in the prior year and traffic diversion to alternate routes like the Delhi-Mumbai Expressway. Conversely, the Hungund Hospet and Indore projects reported traffic growth of 7.8% and 7.5% respectively, driven by increased mining activity and infrastructure diversions.

Financial Highlights

The Trust recorded an EBITDA of ₹1,947.8 crore for FY26, an increase of ₹83.3 crore over the previous year. However, EBITDA for Q4FY26 decreased by approximately ₹7 crore quarter-on-quarter to ₹501.8 crore due to higher subcontracting expenses. Net Distributable Cash Flows (NDCF) for FY26 stood at ₹753.0 crore, with a yield per unit of 12.91. Cash and investments increased by ₹358.1 crore to ₹1,505.9 crore, reflecting higher revenue generation and cash retention in certain SPVs due to the absence of distributable profits.

Asset Impairment and Debt

The Trust recognized an impairment loss of ₹184.8 crore on intangible assets and ₹10.2 crore on goodwill during FY26, primarily relating to lower estimated future toll revenues at the Biaora Dewas, Oriental Periphery, and Etawah Chakeri projects based on revised traffic studies. Finance costs decreased to ₹661.3 crore in FY26 from ₹685.7 crore in the prior year, aided by debt repayments and the refinancing of high-cost debt with lower-cost Non-Convertible Debentures (NCDs).

Maintenance and Compliance

Major maintenance activities, including micro-surfacing, bituminous concrete works, and road markings, were in progress across all project stretches during the quarter. The Trust received the 23th annuity payment of ₹343.14 crore for the Nagpur Betul project and the first annuity payment post-acquisition for the Rajiv Chowk project. Additionally, the Trust discontinued cash payments for normal toll fees at all plazas effective April 10, 2026, transitioning to digital payments via FASTag or UPI.

Oriental InfraTrust , through its Investment Manager OIT Infrastructure Management Limited, has submitted a Compliance Certificate on its Standard Operating Process for the Structured Digital Database (SDD) to the National Stock Exchange of India Limited. The submission, dated May 13, 2026, pertains to the financial year ended March 31, 2026, and is made pursuant to Circular Ref. No: NSE/CML/31 dated October 18, 2024, issued by NSE.

Regulatory Background

The filing is made in accordance with Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), which mandate listed entities to maintain a Structured Digital Database for recording Unpublished Price Sensitive Information (UPSI) and to submit an annual compliance certificate to the stock exchange.

Certificate Issued by ASKBN and Company

The Compliance Certificate has been issued by M/s. ASKBN and Company, Company Secretaries (Peer Reviewed Firm), appointed by OIT Infrastructure Management Limited. The certificate is signed by CS Bhavya Nailwal, Partner, and carries the following credentials:

Key Compliance Findings

The certificate confirms that Oriental InfraTrust's SDD is fully operational and compliant. The following key aspects were certified:

• The company has a Structured Digital Database in place.
• Access controls exist to govern who can access the SDD.
• All UPSI disseminated during the financial year has been captured in the database.
• The system has recorded the nature of UPSI along with date and time.
• The database is maintained internally with an audit trail.
• The database is non-tamperable and capable of maintaining records for 8 years.

UPSI Entries Captured During FY26

For the financial year ended March 31, 2026, the Trust was required to capture and has successfully captured the following entries:

The certificate confirms that all 53 required information entries in regard to 17 events were duly captured in the database during the financial year ended March 31, 2026.

Submission Details

The Compliance Certificate has been submitted to the Listing Department of the National Stock Exchange of India Limited by Gaurav Puri, Compliance Officer of OIT Infrastructure Management Limited, on May 13, 2026. Copies have also been marked to Axis Trustee Services Limited and Catalyst Trusteeship Limited (Debenture Trustee). The information has additionally been uploaded on the Trust's official website at www.orientalinfratrust.com .