Energy Infrastructure Trust announced its Q3FY26 financial results following the board meeting held on February 6, 2026. The Trust reported consolidated net profit of ₹13.93 crore for the quarter ended December 31, 2025, compared to ₹1.11 crore in the corresponding quarter of the previous year.

Financial Performance Overview

The Trust's consolidated revenue from operations declined to ₹941.61 crore in Q3FY26 from ₹977.67 crore in Q3FY25. For the nine months ended December 31, 2025, total income reached ₹2,879.32 crore compared to ₹3,048.05 crore in the corresponding period of the previous year.

Distribution Performance

The Trust maintained strong distribution performance during the nine months ended December 31, 2025. Total distributions to unitholders amounted to ₹801.23 crore, comprising return of capital of ₹402.78 crore and return on capital of ₹398.45 crore.

Net Distributable Cash Flows

The Trust generated Net Distributable Cash Flows (NDCF) of ₹264.89 crore for Q3FY26, compared to ₹274.13 crore in Q3FY25. For the nine months period, NDCF reached ₹806.24 crore against ₹794.12 crore in the corresponding previous period.

Operational Highlights

The Trust's subsidiary, Pipeline Infrastructure Limited, continues its natural gas transportation operations through pipeline infrastructure in various Indian states. During the quarter, the Petroleum and Natural Gas Regulatory Board issued a revised tariff order, increasing the levelized tariff from ₹71.66/MMBTU to ₹74.67/MMBTU, effective January 1, 2026.

Corporate Structure and Governance

EnCap Investment Manager Private Limited, formerly known as Brookfield India Infrastructure Manager Private Limited, serves as the investment manager. The Trust maintains strong credit ratings with "CRISIL AAA/Stable" from CRISIL Ratings Limited and "CARE AAA/Stable" from CARE Ratings Limited, both reaffirmed during the period.

Energy Infrastructure Trust has submitted its quarterly corporate governance compliance report for the quarter ended December 31, 2025, through its investment manager EnCap Investment Manager Private Limited. The report was filed with BSE Limited on January 20, 2026, in compliance with Regulation 26K of the SEBI Infrastructure Investment Trust Regulations 2014.

Board Composition and Leadership

The investment manager's board comprises six directors with a balanced composition of independent and non-independent members. The board structure demonstrates strong governance practices with independent directors holding key positions.

The board maintains three independent directors out of six total members, ensuring adequate independent oversight. Ms. Kavita Venugopal holds the highest number of directorships across various entities with five positions, while also chairing three audit or stakeholder committees.

Committee Structure and Governance

The trust has established four mandatory committees, all chaired by independent directors to ensure robust governance oversight. Each committee maintains proper composition as per regulatory requirements.

Ms. Kavita Venugopal was appointed as a member of the Stakeholders' Relationship Committee effective July 30, 2025, further strengthening the committee's composition.

Meeting Activities and Compliance

During the quarter ended December 31, 2025, the board conducted three meetings with full quorum requirements met. The meetings were held on October 09, November 13, and November 19, 2025, with maximum gaps of 34 days between consecutive meetings.

Committee meeting activities showed active governance oversight:

• Audit Committee: Held two meetings on November 13 and November 19, 2025
• Nomination and Remuneration Committee: Conducted one meeting on November 07, 2025
• Risk Management Committee: Met once on November 07, 2025
• Stakeholders' Relationship Committee: Held one meeting on November 07, 2025

All committee meetings maintained proper quorum with strong independent director participation.

Regulatory Compliance Status

The trust affirmed full compliance with all SEBI Infrastructure Investment Trust Regulations 2014 requirements. Key compliance confirmations include proper board composition, appropriate committee structures, adequate member awareness of roles and responsibilities, and conduct of meetings as per regulatory specifications.

The current quarter report will be presented to the board at its next meeting, while the previous quarter report for September 30, 2025, was reviewed by the board on November 13, 2025, with no observations or recommendations. The complete compliance report is available on the trust's website at www.pipelineinvit.com for stakeholder reference.