Quarterly Result28 Jul 2026, 12:13 pm
Knowledge Realty Trust Q1 FY27 Revenue & NOI Up 15% YoY
AI Summary
Knowledge Realty Trust (KRT) announced strong Q1 FY27 results, with revenue and Net Operating Income (NOI) growing 15% year-over-year to ₹12,431 million and ₹11,117 million, respectively. The company reported record distributions of ₹7,516 million, a 5% increase quarter-over-quarter, with ₹1.70 per unit (DPU). Portfolio occupancy reached 93%, up 100 basis points, driven by 1.4 million square feet of gross leasing, over 50% of which came from front office demand. KRT also raised ₹11,000 million in debt at a blended rate of 7.2% and increased its fixed-rate debt to 30% of its portfolio. The REIT maintains a low Loan-to-Value (LTV) of 18%, providing ample room for inorganic growth.
Key Highlights
- Revenue and NOI grew 15% YoY to ₹12,431M and ₹11,117M.
- Record distributions of ₹7,516M declared, up 5% QoQ.
- Portfolio occupancy increased to 93% with 1.4M sq ft gross leasing.
- Debt raised ₹11,000M at 7.2% blended rate; fixed debt now 30%.
- Low LTV of 18% offers significant headroom for growth.
Price Impact
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