Brookfield India REIT's Net Operating Income Rises 23.8% in FY26

New Delhi, May 12: Brookfield India REIT reported a significant 53 per cent year-on-year growth in net operating income to ₹742.9 crore for Q4 FY26. The company declared a distribution of ₹5.50 per unit for the quarter, contributing to a full-year distribution of ₹21.40 per unit.

Distribution Details

The board declared distribution of ₹4,564.35 million or ₹5.50 per unit for the quarter ended March 31, 2026. Together with distributions already made during the three previous quarters, total distributions for the full year amount to ₹15,161.78 million or ₹21.40 per unit. The board also declared net asset value of ₹386.67 per unit as on March 31, 2026.

CEO Statement

Alok Aggarwal, CEO and managing director, said, "FY2026 marked a strong year, supported by record gross leasing of 4 million square feet that led to occupancy growing by five per cent year-on-year. During the year, we acquired Ecoworld in Bengaluru, a transformational acquisition that provided substantial scale and diversification. Further, we raised over ₹82 billion of equity from April 2025 to date from marquee investors."

Financial Performance

The company reported a growth of 30.81 per cent in net consolidated profit during FY26, with profit after tax standing at ₹536.75 crore compared to ₹159.95 crore in FY25. Net consolidated total income stood at ₹3,071.33 crore in FY26, a growth of 22.80 per cent. In Q4 FY26, total income grew by 22.60 per cent to ₹987.01 crore.

Leasing and Occupancy

Operating lease rentals grew 55.7 per cent year-on-year to ₹712.3 crore in Q4 FY26. Committed occupancy improved to 93 per cent as at March 31, 2026, representing a five per cent year-on-year growth. Strong leasing and the acquisition of Ecoworld bolstered overall performance.