Knowledge Realty Trust NOI rises 15pc to Rs 1243cr in Q1; distributes 752cr to unit holders

Knowledge Realty Trust has showcased a remarkable performance with a fifteen percent uptick in net operating income, marking an exhilarating time for investors. The firm proudly declared a record distribution amounting to Rs 751.6 crore. Additionally, total revenue witnessed a matching fifteen percent growth in the April-June quarter, complemented by an impressive portfolio occupancy rate of ninety-three percent, largely fueled by increased office space demand with leases totaling 1.