Mindspace Business Parks REIT share price declined by 0.18% to Rs 493.01. The Company's net profit saw a strong growth of 30.22% to Rs 271.81 crore, while revenue from operations improved marginally 6.35% to Rs 946.44 crore in Q2FY26 over Q1FY26. The market capitalization of Real Estate Investment Trusts (REITs) industry group stocks on BSE stood at Rs 1.8 lakh crore, surging by 22.73%. It has marginally improved by 0.08% over last one week and spiked sharply by 20.48% in last one month while the market capitalization of Mindspace Business Parks REIT has eased by 0.46% and 11.16% in the same period respectively. Profit before tax (PBT) of Mindspace Business Parks REIT stood at Rs 365.65 crore in Q2 FY26, rallying 41.15% year-on-year, and gaining 0.33% quarter-on-quarter. EBITDA came in at Rs 691 crore, jumping 28.95% YoY and easing 4.56% sequentially. Total expenses inched up 7.23% to Rs 352.19 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.0 crore, tumbling by 100% YoY, while employee benefits expense was at Rs 11.77 crore, soaring 14.94% YoY. For the TTM ended FY26, revenue from operations jumped by 23.89% to Rs 3216.35 crore, while net profit jumped 35.14% to Rs 694.26 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 188112% to Rs 2361.08 crore, and PBT surged 21.09% to Rs 1172.33 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2413.89 crore in FY26, as against Rs 2017.35 crore in FY25. Mindspace Business Parks REIT rallied 17.47% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.20% during the same period.
