BSEKnowledge Realty TrustMediumNeutral
Announced Thu, 5 Feb · 13:48 IST

Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Knowledge Realty Trust (NSE: KRT / BSE: 544481), India's largest REIT by market cap, reported strong Q3 FY26 results. Revenue grew 21% year-on-year to Rs. 11,787 million, while Net Operating Income (NOI) rose 19% to Rs. 10,407 million. The trust leased 0.6 million sq ft in Q3, taking 9M FY26 leasing to 2.4 million sq ft, with portfolio occupancy at 92% and a 22% mark-to-market upside. It declared a distribution of Rs. 6,953 million (Rs. 1.57 per unit), with about 92% being tax-exempt or tax-deferred. KRT was added to the FTSE EPRA Nareit Global REITs Index in December 2025, and its unitholder base has doubled to over 30,000 since listing. Net debt stands at Rs. 118 billion with a low LTV of 18% and average borrowing cost reduced to 7.25%.

Likely market impact

Positive for unitholders – strong revenue and NOI growth, healthy distribution of Rs. 1.57/unit, improving debt metrics, and global index inclusion reflect operational strength and could support unit price sentiment.