Brookfield India Real Estate Trust participated in an institutional investor webinar on August 27, 2026. The session focused on business and financial updates for the quarter ended June 30, 2026.

The event was hosted by 360One under its "Know Your REIT" series. Brookprop Management Services Private Limited, acting as the manager of the trust, represented the entity during the presentation.

This disclosure supersedes earlier reports of a meeting held on August 25, 2026. The updated filing was made with the Bombay Stock Exchange and National Stock Exchange on August 28, 2026. No specific financial figures were disclosed in the exchange filing itself.

Saurabh Jain, Company Secretary and Compliance Officer, signed the communication. The trust’s registered office is located in Mumbai, with principal business operations in New Delhi.

Brookfield India Real Estate Trust reported a significant improvement in its unaudited consolidated financial results for the quarter ended June 30, 2026. The trust recorded a net profit of ₹2,213.37 million, a 67% increase from ₹1,323.02 million in the same period last year. This surge was supported by a 51% year-on-year rise in revenue from operations to ₹9,738.26 million, up from ₹6,428.44 million in Q1FY25.

The trust’s operational efficiency improved alongside top-line growth. Operating margins expanded to 73.28% from 72.31% in the prior-year quarter. Net operating income rose 52% to ₹7,565.61 million, reflecting strong performance across its portfolio. Occupancy levels reached 93%, a 4 percentage point increase year-on-year, aided by 1.1 million square feet of gross leasing activity.

Financial Performance

Key financial metrics for the quarter highlight robust cash generation and profitability:

Finance costs increased to ₹3,378.11 million from ₹2,047.48 million in the corresponding quarter last year, primarily due to higher debt levels associated with recent acquisitions. Despite this, the interest service coverage ratio remained healthy at 2.08 times, compared to 2.16 times in Q1FY25.

Cash Flows and Distribution

Net distributable cash flows (NDCF) for the quarter stood at ₹4,647.33 million, up 45% from ₹3,190.70 million in Q1FY25. The trust maintained a 100% distribution payout ratio, declaring ₹5.60 per unit for the quarter. This marks an increase from ₹5.25 per unit in the prior-year period.

The distribution comprises multiple components:

• Interest payment on shareholder loan, CCDs, and NCDs: ₹1.65 per unit
• Repayment of SPV debt and NCD: ₹2.67 per unit
• Dividend: ₹0.93 per unit
• Other income (interest on fixed deposits, mutual fund gains): ₹0.35 per unit

What the Numbers Show

A notable divergence exists between the growth in accounting profit and distributable cash flows. While net profit after tax grew by 67% to ₹2,213.37 million, NDCF grew by 45% to ₹4,647.33 million. This gap is largely driven by non-cash items such as depreciation and amortization expenses of ₹1,419.77 million, which reduced net profit but did not impact cash availability for distribution. Additionally, other income contributed ₹568.09 million to total income, representing approximately 5.5% of total income, indicating a modest but growing contribution from investment gains beyond core rental operations.

Balance Sheet and Ratios

As on June 30, 2026, the trust’s net worth increased to ₹231,643.33 million from ₹195,621.23 million at the end of FY26. The debt-equity ratio improved to 0.66 times from 0.85 times in the previous quarter, suggesting deleveraging or equity accretion. The current ratio strengthened significantly to 1.12 times from 0.61 times in Q4FY26, indicating improved short-term liquidity.

The trust acquired 0.3 million square feet of Grade-A property in Mumbai’s Central Business District through a 50-50 partnership with NCW Prime Offices Fund, part of the Nuvama Group. This acquisition aligns with its strategy to expand its presence in prime commercial locations.