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Cube Highways Trust, under the management of Cube Highways Fund Advisors, recently reported its financial performance for the half-year ending September 30, 2024. The Trust’s consolidated income for this period reached Rs 16,891 million, with a consolidated EBITDA of Rs 11,643 million. The Investment Manager’s Board of Directors has approved a Distribution Per Unit (DPU) of Rs 2.00 for the second quarter of FY 2024-25, totalling a distribution of Rs 2,668.89 million for ordinary unitholders. This distribution will be based on a record date of November 4, 2024, and is scheduled for payment on or before November 14, 2024. Pankaj Vasani, Group CFO of Cube InvIT, expressed satisfaction with the Trust’s performance, highlighting that this is the sixth consecutive quarter of strong results and reliable returns, supported by an emphasis on cost efficiency. He noted that the DPU remains consistent with the previous quarter at Rs 2 per unit, comprising Rs 1.27 per unit as interest, Rs 0.71 per unit as SPV loan repayment, Rs 0.01 per unit as dividend, and Rs 0.01 per unit as treasury income. For the first half of FY25, revenue and EBITDA increased by 11.5% and 26.8% year-over-year, respectively. Cube InvIT has retained AAA/Stable credit ratings from CRISIL, India Ratings, and ICRA. As of September 30, 2024, Cube InvIT’s portfolio valuation had risen, with total Assets Under Management (AUM) reaching Rs 291,623 million.