April 30, 2021
Declares distribution of ₹5.6 per unit
Embassy Office Parks REIT (Embassy REIT) has posted a net profit of ₹46.75 crore, which is 19 per cent lower than the previous year's profit of ₹57.80 crore recorded in the same period.
The company’s income is higher by 31.98 per cent to ₹770.28 crore (₹583.59 crore). EPS for the quarter stood at ₹0.49 compared with ₹0.75 posted last year.
Distribution per Unit
The Board of Directors of Embassy Office Parks Management Services Private Limited, manager to Embassy REIT, has declared a distribution of ₹530.80 crore or ₹5.6 per unit for 4Q FY2021. The cumulative distribution for FY2021 totals ₹1,836.40 crore or ₹21.48 per unit, which is on target with the guidance issued earlier by management. The record date for the 4Q FY2021 distribution is May 7, 2021 and the distribution will be paid on or before May 14, 2021.