KRKnowledge Realty Trust544481Dividend news update

Distribution of INR 1.723 per unit, NAV of INR 126.55 per unit; proposed SPV demergers withdrawn

Outcome of the manager's Board meeting held on 03rd November 2026.

By ScoutQuest · Tue 3 Nov 2026, 2:10 PM IST · 3 min read

Distribution per unit

INR 1.723 per unit

Total distribution

INR 7,640.47 million

NAV per unit

INR 126.55 per unit as at 30th September 2026

Distribution for the September 2026 quarter

• The Board declared a distribution of INR 1.723 per unit, which aggregates to INR 7,640.47 million for the quarter ended 30th September 2026.
• It is split into four parts: INR 0.919 per unit as dividend (INR 4,075.21 million), INR 0.318 per unit as interest (INR 1,410.14 million), INR 0.484 per unit as repayment of debt (INR 2,146.25 million) and INR 0.002 per unit as other income (INR 8.87 million).
• The record date for the distribution is 06th November 2026, and payment is to be made on or before 16th November 2026.
• The distribution is backed by Net Distributable Cash Flows at Trust level of INR 7,640.54 million for the quarter, which is close to the declared payout of INR 7,640.47 million.

Earnings for the quarter and half year

• Total income for the quarter ended 30th September 2026 was INR 5,995.18 million, made up mainly of dividend income of INR 2,938.00 million and interest income of INR 3,044.27 million.
• Profit for the quarter was INR 4,930.98 million, and for the half year INR 9,694.29 million.
• Earnings per unit (basic and diluted, not annualised) were INR 1.11 for the quarter and INR 2.18 for the half year.
• Finance costs for the quarter were INR 950.13 million, up from INR 21.76 million in the same quarter a year earlier, reflecting the borrowing taken on.

Net asset value

• NAV was declared at INR 126.55 per unit as at 30th September 2026, based on the summary valuation report dated 03rd November 2026 issued by iVAS Partners, with market intelligence from CBRE South Asia.
• This is the fair value NAV. The book value NAV per unit on the same date was INR 100.82.
• Total assets at fair value were INR 6,13,839.82 million and total liabilities INR 52,684.81 million, giving net assets at fair value of INR 5,61,155.01 million.
• For context, fair value NAV per unit was INR 123.61 as at 31st March 2026 and INR 118.01 as at 30th September 2025. The number of units was 4,43,43,99,541 on all three dates.

Demerger proposals withdrawn

• The Board took note of the withdrawal of the proposed demergers of Devbhumi Realtors Private Limited and One International Center Private Limited, special purpose vehicles of the Trust.
• These demergers had earlier been approved by the Board on 12th January 2026 and subsequently by the unitholders on 3rd February 2026.
• The withdrawal followed consideration of relevant business, operational and other factors.

Use of proceeds

• The statement of deviation shows nil deviation / variation in the use of proceeds from the Initial Public Offer and the issuance of Non-Convertible Debt Securities for the quarter ended 30th September 2026.

Auditor's review

• The statutory auditors issued a limited review report on the unaudited standalone results. They drew attention to the presentation of Unit Capital as equity to meet REIT Regulations, and stated that their conclusion is not modified in respect of this matter.

What a unitholder can take from this

• The update combines three things in one place: the quarterly distribution, the unaudited results for the quarter and half year, and the half-yearly valuation that sets NAV.
• The two headline figures to check against your own holding are the distribution of INR 1.723 per unit and the NAV of INR 126.55 per unit.
• The payout is not a single type of income: dividend, interest, repayment of debt and other income are reported separately per unit, and the largest component is the dividend at INR 0.919 per unit.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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