/CapitaLand India Trust

CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23

Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.

CapitaLand India Trust saw its third quarter with a 13% YoY higher net property income (NPI) to $46.7m. In Indian Rupee (INR) terms.

This was driven by the higher total in property income but was off-balanced by the rise in expenses.

Year-to-date the CLINT saw its NPI climb 6% to $132.3m.

“Increased due to higher total property income, partially offset by the increase in total property expenses,” the company reported.


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