Knowledge Realty Trust, India’s largest and most geographically diverse office REIT, announced its quarterly results for the period ended June 30, 2026, on Tuesday.

Business Highlights:

• Portfolio occupancy reached 93%, up 100 bps during the quarter, aided by gross leasing of 1.4 million square feet
• Front office demand contributed over 50% of gross leasing during the quarter
• Realized average spread of 35% on new leasing and 29% on renewals during the quarter
• Mumbai portfolio occupancy reached 92%, up 300 bps QoQ. Front office demand drove Central Mumbai portfolio occupancy to 93%, up 1,400 bps since Mar ’25
• KRT’s ‘Occupier First’ strategy resulted in client stickiness and multi-fold growth by existing clientele. 58% of new leasing in the quarter came from existing tenant expansions
• Achieved annual escalations in over 93% of leasing during the quarter

Financial / Distribution Highlights:

• For the quarter, revenue and NOI grew 15% YoY to Rs. 12,431 million and Rs. 11,117 million respectively
• Declared record distributions of Rs 7,516 million translating to DPU of Rs 1.70 per unit, up 5% QoQ
• 84% of the distribution is tax-efficient in the hands of unitholders
• Raised debt of Rs 11,000 million during the quarter at a blended rate of 7.2%
• Increased fixed rate debt to 30%, up from 0% at listing, less than a year ago
• Low LTV of 18% enables significant headroom for inorganic growth

Shirish Godbole, Chief Executive Officer of Knowledge Realty Trust, said, “We are delighted to report a strong start to FY27, with both revenue and NOI growing 15% YoY to Rs. 12,431 million and Rs. 11,117 million respectively. Distributions for the quarter were Rs 7,516 million, a robust 5% growth from the last quarter. Portfolio occupancy increased to 93%, driven by robust front-office demand, which contributed over half of our gross leasing during the quarter. With a best-in-class AI resilient portfolio, concentrated in the strongest markets of the country, we are well positioned to deliver multi-year growth to our unitholders.”

Investor Materials and Quarterly Investor Call Details

Knowledge Realty Trust has released a package of information on the results and performance, which includes an earnings presentation covering Q1 FY27 results. All these materials are available in the Investor Relations section of our website at www.knowledgerealtytrust.com. Knowledge Realty Trust will host a conference call on Tuesday, July 28, 2026, at 16:00 hours Indian Standard Time to discuss the Q1 FY27 results. A replay of the call will be available in the Investor Relations section of our website at www.knowledgerealtytrust.com.