Nexus Select Trust Q2 NOI rises 8% to Rs 504 crore
In short
Nexus Select Trust said its second-quarter net operating income rose 8% to Rs 504 crore.
It also reported a Rs 359 crore distribution and said it has given over Rs 4,400 crore to unitholders since listing. The report says it plans a mall and hotel in Guwahati, but it does not say how investors reacted.
What the reporting says
Nexus Select Trust reported an 8% rise in second-quarter net operating income to Rs 504 crore, alongside a Rs 359 crore distribution to unitholders. The company also said it has cumulatively distributed over Rs 4,400 crore since listing and outlined plans for a mall and hotel in Guwahati. The reporting does not provide the quarter dates or say how the market reacted.
Why it matters
Nexus Select Trust reported an 8% rise in second-quarter net operating income to Rs 504 crore and a distribution of Rs 359 crore to unitholders. It also said cumulative distributions since listing have crossed Rs 4,400 crore and that it plans a mall and hotel in Guwahati. The reporting points to operating growth and expansion, but does not include investor reaction or deal details.