Q1-FY27 · Abhishek Chajer
Q1 was very strong quarter in spite of geopolitical headwinds. Portfolio traffic grew at 9.1% year-on-year compared to projected growth of 4.1%.
Vertis Infrastructure Trust · tone and specificity signals across the available quarters.
Language signals
Q1 was very strong quarter in spite of geopolitical headwinds. Portfolio traffic grew at 9.1% year-on-year compared to projected growth of 4.1%.
The matter has been resolved in favor of concessioners with existing linking factors continuing to apply. This removes what could otherwise have been an adverse impact on future toll revenue.
We have also undertaken a prudent decision to defer the planned major maintenance works to H2 FY27 given the uncertainty around availability and pricing of Bitumen arising due to Middle East conflict.
FY26 has been an important year for Vertis Infrastructure Trust where we delivered simultaneously on scale, performance, financial discipline and governance.
We continued our track record of operational and financial outperformance during the year with 4.3% beat on total revenue, 1.3% on operating cost and 91 basis points reduction in our cost of debt.
We remain conscious of evolving microeconomic environment and potential headwinds arising from Middle East war for the highway sector both for traffic growth and input cost inflation.