Nexus Select Trust Q1 FY27: DPU up 10% to ₹2.442, NOI grows 11%

Nexus Select Trust reported strong financial results for Q1 FY27, with consumption growing 17% YoY to ₹3,850 crores and Net Operating Income (NOI) increasing by 11% YoY to ₹510 crores. The company declared a distribution per unit (DPU) of ₹2.442, a 10% YoY increase, marking the 12th consecutive quarter of 100% payout. Key highlights include broad-based consumption growth across categories, healthy re-leasing spreads, and a strong balance sheet with attractive debt costs. The REIT also announced the acquisition of Diamond Plaza mall in Kolkata and has a robust pipeline of 8 retail assets. Since listing, Nexus Select Trust has distributed over ₹4,080 crores and delivered a 25% IRR to unitholders.