NEW DELHI: Knowledge Realty Trust has announced a year-on-year net operating income (NOI) growth of 19%, reaching ₹10,407 million, while revenue rose by 21% to ₹11,787 million for the quarter ending December 31, 2025.
The company declared distributions totaling ₹6,953 million, equating to ₹1.57 per unit.
Shirish Godbole, CEO of Knowledge Realty Trust, stated, “We are pleased to report strong Q3 FY26 operating performance and robust distributions of ₹6,953 million (₹1.57 per unit).”
The company leased 0.6 million square feet in Q3 FY26, bringing total leasing for the first nine months of FY26 to 2.4 million square feet. The portfolio occupancy stands at 92%, with expansions from existing tenants accounting for over half of the year-to-date leasing. The loan-to-value (LTV) ratio is at 18%.
Debt repayment and cuts in the repo rate led to an approximate 19 basis points reduction in the average debt cost, down from 7.44% in September 2025 to 7.25% in December 2025.
Quaiser Parvez, COO of the company, remarked, “We achieved a cumulative leasing of 2.4 million square feet for the nine months ending December 2025, with an average spread of 25% driven by both global and domestic occupiers.”
