Nexus Select Trust Q1 results: Net operating income up 7% at Rs 412.7 cr

Nexus Select Trust reported a 7% increase in net operating income for Q1, reaching ₹412.7 crore. The growth was driven by a 3% rise in rental income and effective cost management. The trust’s occupancy levels remained high, and its portfolio saw positive performance despite challenging market conditions. Key highlights include strategic asset management and improved operational efficiencies contributing to the financial growth. The trust continues to focus on expanding its footprint and enhancing shareholder value through its robust investment strategy