Nexus Select Trust Q2 NOI up 8%, consumption rises 13%
Nexus Select Trust reported an 8% year-on-year increase in net operating income (NOI) for Q2, reaching Rs 504 crore. Retail asset consumption grew by 13% compared to the previous year. The trust declared a Rs 359 crore distribution, maintaining a 100% payout to unitholders for 13 consecutive quarters. It plans to develop a Grade-A mall and hotel in Guwahati.
ET Markets··Guwahati



