Higher occupancy, strong leasing momentum, and increased distributions drive a robust start to FY27.

Knowledge Realty Trust Reports 15% Growth in Q1 FY27 Revenue and NOI.

Knowledge Realty Trust delivered a strong performance in the first quarter of FY27, with revenue rising 15% year-on-year to ₹1,243.10 crore and net operating income (NOI) increasing 15% to ₹1,111.70 crore. The REIT reported consolidated total income of ₹1,268.14 crore and a net profit of ₹250.79 crore. Its board approved a quarterly distribution of ₹751.63 crore, equivalent to ₹1.695 per unit, with 84% of the payout remaining tax-efficient for unitholders. Portfolio occupancy improved to 93%, supported by 1.4 million sq. ft. of gross leasing, while Mumbai occupancy reached 92%. The REIT achieved leasing spreads of 35% on new leases and 29% on renewals, reflecting strong demand for premium office spaces. With 2.8 million sq. ft. of vacant space available, a 6.6 million sq. ft. development pipeline, and an AAA/Stable credit rating, Knowledge Realty Trust remains well-positioned for sustained growth.