NEW DELHI: Knowledge Realty Trust reported an 18% increase in its net operating income (NOI) to ₹4,048.4 crore, resulting in an NOI margin of 88%.
The board of directors of Knowledge Realty Office Management Services, the managing entity of Knowledge Realty Trust, has approved a distribution of ₹7,165.99 million/₹1.616 per unit for the quarter ending March 31, 2026. This distribution includes ₹4,350.15 million/₹0.981 per unit as dividends, ₹917.92 million/₹0.207 per unit as interest (minus applicable taxes), ₹1,889.05 million/₹0.426 per unit for debt repayment, and ₹8.87 million/₹0.002 per unit.
The net asset value (NAV) of the trust was declared at ₹123.61 per unit as of March 31, 2026.
For the fiscal year 2025-26, the company reported a net consolidated profit after tax of ₹375.43 crore with a net consolidated total income of ₹3,121.79 crore, according to a filing with BSE. In Q4 FY26, the total income was ₹1,215.93 crore, while profit after tax was ₹107.36 crore.
As of March 31, 2026, the net worth was ₹45,202.07 crore, with a debt-equity ratio of 0.09 and a current liabilities ratio of 0.01. The total debt to total assets ratio was 0.08, and the net profit margin stood at 93.35%.
In Q4 FY26, gross leasing reached 1.1 million sq ft, bringing total leasing for FY26 to 3.5 million sq ft, with portfolio occupancy at 92%. For FY26, in-place rents increased by 7% year-on-year, achieving leasing spreads of 26%.
New leasing rates in FY26 exceeded market rents by 5%. Expansions by current tenants contributed to 56% of new leases for the year, with annual escalations occurring in over 87% of FY26 leasing.
The company secured ₹4,200 crore in debt in FY26 at a blended cost of 7.3%. It successfully reduced its cost of debt from 8.6% to 7.2% during the financial year, with a loan-to-value ratio (LTV) of 18%.
