Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust submitted copies of newspaper advertisements published in Economic Times (Mumbai and Delhi editions) and Financial Express (all editions) on July 31, 2025, carrying its approved unaudited consolidated financial results for Q1FY26 (quarter ended June 30, 2025). Revenue from operations rose to ₹6,135.83 million (up ~10.8% YoY from ₹5,538.19 million), while profit for the period stood at ₹1,195.82 million. Net distributable cash flows grew to ₹3,380.45 million, translating into a distribution per unit (DPU) of ₹2.23 — a 12% QoQ increase — with a 99.94% payout ratio. The trust reported 11% YoY consumption growth and 12% YoY net operating income (NOI) growth. Recent acquisitions highlighted include Vega City mall (February 2025) and MBD Neopolis mall along with Radisson Blu hotel (May 2025), strengthening its North India footprint across 15 cities and 19 consumption centres covering 10.6 Msf of retail portfolio.
Double-digit YoY growth in consumption and NOI, combined with a 12% QoQ rise in DPU, signals healthy operational momentum and reliable income distribution for unitholders. Expansion into North India through recent acquisitions positions the trust for further portfolio diversification and potential future distribution growth.