Embassy REIT's Q4 Result: Net Operating Income Up 13%; To Distribute Rs 495 Crore To Unit Holders

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Embassy REIT's Q4 Result: Net Operating Income Up 13%; To Distribute Rs 495 Crore To Unit Holders

Embassy Office Parks REIT on Thursday reported a 13% increase in its net operating income to Rs 765.6 crore and announced distribution of Rs 494.8 crore to unit holders in the fourth quarter of the last fiscal year.Its net operating income stood at Rs 680.2 crore in the year-ago period.According to a regulatory filing, Embassy REIT has posted an 8% annual increase in its net operating income to Rs 2,981.9 crore during the last fiscal year.Its ne…