Mindspace REIT announces Results for Q2 FY2022 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Mindspace REIT Announces Results for Q4 & 12M FY2021 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Mindspace REIT reports Q3 net profit of Rs 140 crore, to distribute Rs 283.5 crore to unitholders
Mindspace declared a distribution of Rs 283.5 crore, which is Rs 4.78 per unit, to its unitholders. This is the first distribution post its listing.
Mindspace Business Parks REIT, owner and developer of quality Grade A office portfolio located across Mumbai Region, Pune, Hyderabad and Chennai and having a total leasable area of 29.5 mn sq ft, has reported a consolidated net profit of Rs 140 crore for the quarter ended December and declared a distribution of Rs 283.5 crore to unitholders.
The company, which got listed on the stock exchanges in August 2020 during COVID-19 after raising Rs 4,500 crore through a public issue, had posted a net profit of Rs 68.4 crore in the previous quarter.