Brookfield India's net dips 61% to Rs 27 crore, net operating income up

The company's sales rose 43.40 per cent to Rs 303.60 crore in the July-September quarter, from Rs 211.71 crore during the previous quarter ended September 2021

Brookfield India Real Estate Trust’s net profit declined 61 per cent to Rs 26.71 crore in the July-September quarter from Rs 68.28 crore during the corresponding quarter in FY21.

The firm recorded a 48 per cent rise in its net operating income to Rs 241.3 crore for the quarter under review, the trust said in a regulatory filing.

The firm also announced a distribution of Rs 170.89 crore for shareholders with 52 per cent of distributions non-taxable for unitholders for the quarter ended this September.

The company’s sales rose 43.40 per cent to Rs 303.60 crore in the July-September quarter,