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January 27, 2026
Mindspace Business Parks REIT posted strong December-quarter performance, with net operating income rising 29% and revenue up 27%. Leasing momentum stayed robust, occupancy touched 94.5%, distributions increased, debt costs fell, and portfolio expansion continued across key Indian office markets nationwide.
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Spandana Sphoorty narrowed its December-quarter loss to Rs 95 crore as asset quality improved and collections stabilised. Gross NPAs declined, disbursements rose sequentially, but loan book contraction, write-offs and covenant non-compliance kept the microfinance lender in the red this quarter.
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