Q1’25 results are here.
Came on 26th, post market. At first glance, the fine print in maint provisions seems to be putting the comparison, not like to like.
DPU is the same 2 but the breakup is a tad different.
The next trigger has to be addition of a project and that somehow seems to be elusive. The wait continues.
I also thought that the DPU must inch up a tad, based on concall but that did not happen either and there lies the key difference between IRB and Indigrid
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