Results - Announcements
Nexus Select Trust share price declined by 0.66% to Rs 158.69 after the company's net profit jumped 74.73% to Rs 273.48 crore, while revenue from operations slipped slightly by 1.56% to Rs 669.91 crore in Q3FY26 over Q2FY26.
The market capitalization of Real Estate Investment Trusts (REITs) industry group stocks on BSE stood at Rs 2.17 lakh crore, easing 8.88%. It has improved by 0.09% over last one week and eased lower by 4.72% in last one month while the market capitalization of Nexus Select Trust has inched up 0.44% and 5.50% in the same period respectively.
Profit before tax (PBT) of Nexus Select Trust stood at Rs 216.6 crore in Q3 FY26, surging by 25.79% year-on-year, and slipping 4.61% quarter-on-quarter. EBITDA came in at Rs 436 crore, gaining 6.57% YoY and declining 2.36% sequentially.
Total expenses saw a slight increase of 0.81% to Rs 365.1 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 4.78 crore, plunging by 23.52% YoY, while employee benefits expense was at Rs 30.91 crore, ticking higher by 2.93% YoY.
For the TTM ended FY26, revenue from operations rose 12.44% to Rs 2568.0 crore, while net profit dropped 16.61% to Rs 403.47 crore, compared to previous TTM. EBITDA jumped by 146944% to Rs 1645.63 crore, and PBT saw a minor gain of 6.36% to Rs 743.29 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1661.99 crore in FY26, as against Rs 1532.41 crore in FY25.
Nexus Select Trust softened by 2.68% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 9.87% during the same period.