Mindspace Business Parks REIT announced that ICRA has reaffirmed its issuer credit rating at ICRA AAA; Stable. Also, ICRA has assigned/ reaffirmed ICRA AAA; Stable / ICRA A1+ credit rating assigned to Mindspace REIT Non Convertible Debentures / Commercial Paper. Powered by Capital Market - Live News

Mindspace Business Parks REIT announced that the Board of Directors of the Company at its meeting held on 25 October 2024, inter alia, have recommended the final dividend of Rs 5.15 per equity Share (i.e. 1.87%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Mindspace Business Parks REIT declined 11.01% to Rs 125.63 crore in the quarter ended September 2024 as against Rs 141.17 crore during the previous quarter ended September 2023. Sales rose 1.69% to Rs 648.88 crore in the quarter ended September 2024 as against Rs 638.09 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales648.88638.09 2 OPM %72.1071.37 - PBDT340.64342.58 -1 PBT242.29245.07 -1 NP125.63141.17 -11 Powered by Capital Market - Live News

Net profit of Mindspace Business Parks REIT declined 31.30% to Rs 197.87 crore in the quarter ended September 2024 as against Rs 288.00 crore during the previous quarter ended September 2023. Sales declined 15.74% to Rs 291.79 crore in the quarter ended September 2024 as against Rs 346.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales291.79346.30 -16 OPM %97.8898.64 - PBDT198.18288.10 -31 PBT198.18288.10 -31 NP197.87288.00 -31 Powered by Capital Market - Live News

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News