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12 Nov 2025
Knowledge Realty Trust, India's largest listed office REIT, reported strong results for the quarter and half-year ended September 2025 its first since debuting on the NSE and BSE. The trust recorded gross leasing of 1.8 million sq ft in H1 FY26, with 1.2 million sq ft of new leases and 0.6 million sq ft of renewals, driving portfolio occupancy up to 92%. Net Operating Income rose 20% year-on-year to INR 19,544 million with record 89% margins. It also raised INR 16,000 million via AAA-rated NCDs at 7.2%, cutting borrowing costs to 7.4%. CEO Shirish Godbole announced a first distribution of INR 6,900 million, while COO Quaiser Parvez highlighted continued leasing momentum driven by GCC and domestic demand. Strong occupancy, low leverage (18% LTV), and robust funding position the REIT for sustained growth and unitholder value.Read more
11 Nov 2025
WeWork India posted a sharp decline in net profit to INR 6.4 crore for the latest quarter, down from INR 203.74 crore in the same period last year, mainly due to a high base effect from deferred tax credit. However, total income rose to INR 585.54 crore. The firm operates 70 centres in eight cities and plans to expand its portfolio to 10 million sq ft with new desks under fitout, handover, and LOI. CEO Karan Virwani highlighted record revenue, improving margins, and a move toward a technology-driven, sustainable workspace ecosystem.Read more
11 Nov 2025
Knowledge Realty Trust has declared a total distribution of INR 690 crore for the quarter ending September, including dividend, interest, and capital repayment. The trust's revenue in the second quarter reached INR 1,123.8 crore, with NOI at INR 988.1 crore. For the first half of FY26, revenue grew 17% and NOI rose 20% year-on-year. Leasing activity and occupancy improved, with gross leasing at 1.8 million square feet and portfolio occupancy rising to 92%, supported by GCCs and domestic demand. The REIT manages 29 Grade-A office properties across six cities in India.Read more
11 Nov 2025
ReNew Energy Global Plc has secured USD 331 million in financing from the Asian Development Bank (ADB) for a major renewable energy project in Andhra Pradesh. The initiative, part of a USD 477 million package, will combine wind, solar, and battery storage to deliver dependable peak power and enhance grid stability. The project, which will produce around 1,641 gigawatt-hours of clean energy annually, aligns with India's low-carbon transition goals and builds on the collaboration outlined under the UNFCCC COP28 framework to expand clean energy deployment.Read more
11 Nov 2025
Aadhar Housing Finance recorded a notable increase in profit and revenue during the September quarter, reflecting sustained growth in its mortgage lending operations. The company reported a 17 per cent rise in net profit to INR 266 crore compared to the corresponding period last year. Total income and interest income also registered steady growth, alongside a marginal uptick in total expenses. Despite a slight deterioration in asset quality, the company's financial performance during the past quarter underscored continued operational strength in India's housing finance sector.Read more
11 Nov 2025
Interarch Building Solutions Ltd posted a strong performance in the latest quarter, with profit rising 56% year-on-year to INR 32.27 crore, compared with INR 20.67 crore last year. Total income also surged to INR 497.09 crore from INR 328.23 crore. Managing Director Arvind Nanda said the quarter marked a major milestone as the company commissioned Phase II of its Andhra Pradesh facility, its fourth fully integrated pre-engineered building (PEB) plant, taking total capacity to 2,00,000 MT. Groundbreaking for a new Gujarat facility further expands its reach. The company's solid growth and infrastructure investments underscore its leadership in India's pre-engineered steel construction sector.Read more
11 Nov 2025
State-run Housing and Urban Development Corporation Ltd (Hudco) reported a moderate rise in profit for the September quarter, supported by robust income growth and improved loan performance. The firm witnessed increased interest income and loan disbursements, while maintaining a healthy asset quality with reduced NPAs. Management indicated optimism for continued expansion through the government's infrastructure focus and the upcoming PMAY 2.0 initiative, projecting a healthy CAGR and steady margins for the remainder of the fiscal year.Read more
11 Nov 2025
IRB Infrastructure Developers Ltd recorded a year-on-year increase in toll revenue for October, registering earnings of INR 682 crore compared to INR 624 crore in the same month last year. The company's toll collection included revenues from its sponsored InvITs & IRB InvIT Fund and IRB Infrastructure Trust. Among its 22 BOT and ToT assets, the IRB MP Expressway in Maharashtra and the Golconda Expressway in Hyderabad contributed the highest shares. IRB's Deputy CEO mentioned that the firm experienced solid growth despite extended monsoon conditions, with expectations of continued momentum ahead.Read more
11 Nov 2025
Arisinfra Solutions Ltd reported a consolidated net profit of INR 15.25 crore in the second quarter of the current fiscal year, marking a significant recovery from a net loss of INR 1.97 crore during the same period last year. The company's total income grew to INR 242.44 crore during the July-September quarter, up from INR 177.59 crore previously. The construction materials supplier attributed the improved performance to steady growth in contract manufacturing and services, alongside better working capital efficiency and enhanced profitability.Read more
11 Nov 2025
Smartworks Coworking Spaces Ltd reported a significant reduction in its consolidated net loss during the past quarter, supported by strong revenue growth and operational efficiency. The company's total income rose substantially compared to the same period last year, reflecting the success of its managed campus model. Founder and Managing Director Neetish Sarda said the performance underscored the scalability and profitability of Smartworks' business approach. The firm continues to strengthen its pan-India presence alongside international operations in Singapore.Read more