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Embassy REIT Q4 net down 19% at ₹46 75 crore - The Hindu BusinessLine

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.

Results: Embassy REIT income rises 12% to Rs 2,032 crore in FY21

Results: Embassy REIT income rises 12% to Rs 2,032 crore in FY21 Embassy Office Parks REIT on Thursday reported 12 per cent growth in net operating income to Rs 2,032 crore and distribution of Rs 1,836 crore to unitholders during the last financial year despite the COVID-19 pandemic. Embassy REIT expects office demand to be muted over the next 2-3 quarters but sees strong recovery thereafter on pent-up demand. The Board of Directors of Embassy Office Parks Management Services Pvt Ltd, Manager of Embassy REIT, declared a distribution of Rs 530.8 crore or Rs 5.6 per unit for the quarter ended March. The cumulative distribution for FY2021 totals Rs 1,836.4 crore or Rs 21.48 per unit, which is on target with the guidance issued earlier by the management, the company said in a statement.

Embassy Office Parks REIT consolidated net profit declines 19 13% in the March 2021 quarter

Embassy Office Parks REIT consolidated net profit declines 19 13% in the March 2021 quarter
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Embassy REIT announces full year FY 2021 results, delivers a resilient performance

Embassy REIT announces full year FY 2021 results, delivers a resilient performance ANI | Updated: Apr 29, 2021 21:05 IST Bengaluru (Karnataka) [India], April 29 (ANI/BusinessWire India): Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ( Embassy REIT ), India s first listed REIT and the largest in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2021. Michael Holland, Chief Executive Officer of Embassy REIT said, Despite the significant challenges caused by the Covid-19 pandemic, Embassy REIT has again performed strongly and delivered on its financial guidance. We continue to provide safe work environments for our occupiers and we are working with local authorities to support the response to the second wave of the pandemic, including initiating vaccination programmes at our parks. Despite second wave headwinds, our global occupiers continue to report strong earnings and hiring growth which we b

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