Infrastructure India’s portfolio performance in the half year to 30 September was characterised by difficult operating conditions for the key asset, DLI, offset by a significant benefit from a strengthening Indian Rupee and an improvement in the Indian risk free rate used for asset valuations. Balance sheet liquidity improved with the disposal in the period of the toll-road interest for £22.4m. However further measures or renegotiation will be needed to deal with the £13.4m working capital loan ....
15 Dec 2016
N+1 Singer - Infrastructure India - Difficult conditions for DLI offset by currency/rates
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N+1 Singer - Infrastructure India - Difficult conditions for DLI offset by currency/rates
Infrastructure India plc (IIP:LON) | 0 0 0.0% | Mkt Cap: 6.82m
- Published:
15 Dec 2016 -
Author:
Trevor Griffiths -
Pages:
6
Infrastructure India’s portfolio performance in the half year to 30 September was characterised by difficult operating conditions for the key asset, DLI, offset by a significant benefit from a strengthening Indian Rupee and an improvement in the Indian risk free rate used for asset valuations. Balance sheet liquidity improved with the disposal in the period of the toll-road interest for £22.4m. However further measures or renegotiation will be needed to deal with the £13.4m working capital loan ....