Brookfield India REIT Q3 Net Operating Income Rises 14% YoY to Rs 540 Crore
**Brookfield India REIT Q3 FY26: Profit Surges 8x, Ecoworld Deal Sealed**
**Financial Performance**
Brookfield India Real Estate Trust delivered a robust Q3 FY26, with Net Operating Income (NOI) rising **14% YoY** to **Rs 540.4 crore**. Consolidated net profit saw a massive **8-fold jump** to **Rs 201.2 crore**, compared to Rs 23.4 crore in the same period last year. Revenue from operations grew **13% YoY** to **Rs 500.3 crore**.
**Distributions & Returns**
The REIT declared a distribution of **Rs 5.40 per unit** for the quarter, totaling roughly **Rs 405 crore**. This represents a **10% YoY growth** in payouts, reinforcing its commitment to unitholder returns.
**Operational Highlights**
Leasing momentum remained strong with **1.2 million sq ft** of gross leasing achieved during the quarter. The portfolio recorded a healthy **17% re-leasing spread**, while committed occupancy improved to **92%**. The strategic focus on Global Capability Centres (GCCs) continues to pay off, contributing significantly to demand.
**Strategic Growth**
The quarter marked the completion of the **Ecoworld acquisition** in Bengaluru, a 7.7 million sq ft Grade-A office campus. This addition scales the portfolio significantly and diversifies its footprint. To fund growth, the REIT successfully raised **Rs 55 billion** through a mix of Qualified Institutional Placement (QIP) and Sustainability-Linked Bonds.
**Market Snapshot**
As of January 30, 2026, the unit price trades around **Rs 353**, nearing its 52-week high of **Rs 357.39**. Market sentiment remains bullish, with over **90% of analysts** maintaining a 'Buy' rating, driven by the REIT's expanded asset base and consistent operational delivery.