NDR InvIT Trust, India’s first Perpetual Warehousing and Industrial Parks InvIT Trust listed on the National Stock Exchange, today announced its financial results for the quarter ended June 2025. At its Board meeting held on 5th August 2025, the Trust reported significant operational and financial milestones, reinforcing its strong and consistent performance.
The Trust’s Assets Under Management stood at 19.22 million square feet as of June 30, 2025. Rental income rose from INR 945.38 Mn in the quarter ended March 31, 2025 to INR 1,015.59 Mn in the quarter ended June 30, 2025.
The Trust continues to maintain a robust and diversified portfolio, comprising 37 industrial parks and over 60 warehouses across 15 cities. Its top 10 clients account for approximately 33% of the leased area, offering a balanced mix of anchor tenants and leading industry players.
“Quarter ended June 2025 has been a strong start for NDR InvIT Trust, marked by the milestone of crossing INR 1,015.59 Mn in rental income. We have continued to scale our portfolio, maintain high occupancy, and deliver strong returns to our investors. With steady growth in average rentals, expansion into new markets, and disciplined capital management, we are well-positioned for long-term value creation. Our focus remains on strengthening India’s infrastructure backbone while maximizing value for all stakeholders,” — Sandeep Jain, Chief Financial Officer, NDR InvIT Trust
Warehouse occupancy stood at a robust 98% for the quarter ended June 30, 2025. Distribution for the quarter amounted to INR 722.72 Mn. EBITDA increased to INR 946.12 Mn in Q1 FY26 from INR 924.92 Mn in the previous quarter.
The Board declared a distribution of INR 1.825 per unit for Q1 FY26, comprising:
INR 0.13 per unit as interest income from fixed deposits and mutual funds
INR 0.8475 per unit as return of capital
INR 0.8475 per unit as interest income
The record date for the distribution is set on or before 18th August 2025. The Net Asset Value (NAV) stood at INR 135.87 per unit as of June 30, 2025. The Trust continues to maintain a low loan-to-value (LTV) ratio, reflecting its prudent financial management and strong balance sheet.
