Knowledge Realty Trust Q2 FY27 Results: Revenue Up 13%, NOI Up 15%
Knowledge Realty Trust announced strong Q2 FY27 results, with revenue increasing by 13% year-over-year to Rs. 12,725 million and Net Operating Income (NOI) growing by 15% YoY to Rs. 11,404 million. The company declared record distributions of Rs. 7,640 million, an 11% increase YoY, with a Distribution Per Unit (DPU) of Rs. 1.72. Leasing momentum remained robust, with 0.8 million square feet leased in Q2 FY27, contributing to a cumulative 2.2 million square feet leased in H1 FY27. Occupancy stands at 93% by area and 94% by value. The CEO highlighted growth levers including contracted escalations, mark-to-market potential, and a development pipeline, with a low Loan-to-Value (LTV) of 18% providing headroom for future opportunities.
Key Highlights
- Revenue grew 13% YoY to Rs. 12,725 million in Q2 FY27.
- NOI increased 15% YoY to Rs. 11,404 million, with margins at 90%.
- Record distributions of Rs. 7,640 million declared, up 11% YoY.
- 0.8 million sq ft leased in Q2 FY27, H1 FY27 leasing at 2.2 million sq ft.
- Portfolio occupancy at 93% (area) and 94% (value).
Price Impact
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