Knowledge Realty Trust on Wednesday announced a distribution of Rs 716.6 crore to unitholders for the quarter ended March, supported by 14 per cent growth in net operating income to Rs 1,053.3 crore.
In a regulatory filing, Knowledge Realty Trust (KRT), which is a real estate investment trust (REIT) sponsored by Sattva Group and Blackstone, said it has "declared distributions of Rs 7,166 million or Rs 1.62 per unit for Q4 FY26, taking cumulative distributions since listing in August 2025 to Rs 21,019 million, or Rs 4.74 per unit".
In the fourth quarter of 2025-26, the company achieved gross leasing of 1.1 million square feet, taking cumulative leasing for FY26 to 3.5 million square feet and portfolio occupancy to 92 per cent.
The net operating income (NOI) rose 14 per cent to Rs 1,053.3 crore during the January-March period of the last fiscal from Rs 924.8 crore in the year-ago period.
During the 2025-26 fiscal year, the company's NOI increased 18 per cent year-on-year to Rs 4,048.4 crore.
Shirish Godbole, Chief Executive Officer of KRT, said, "We enter FY27 with strong operating momentum, a resilient balance sheet and multiple visible growth levers".
Quaiser Parvez, Chief Operating Officer of Knowledge Realty Trust, said, "During FY26, we saw robust leasing momentum led by expansions from existing marquee tenants, resulting in revenue growth of 16 per cent year-on-year. NOI grew 18 per cent year-on-year to Rs 40,484 million with industry-leading margins".
Knowledge Realty Trust's portfolio comprises 29 premium office assets totalling 46.5 million square feet as of March 31, 2026, with 37.2 million square feet of completed area, 2.6 million square feet under construction, and 6.6 million square feet of future development area spread across 6 cities.
