Oberoi Realty Q1 profit jumps 29% to Rs.544 crore, revenue rises 32%; declares Rs.2 interim dividend
New Delhi, July 17 -- Real estate developer Oberoi Realty announced its financial results for the June-ended quarter (Q1 FY27) after market hours on Friday, reporting a consolidated net profit of Rs.544 crore, up 29% from Rs.421 crore in the corresponding quarter last year.
Revenue from operations rose 31.7% year-on-year (YoY) to Rs.1,301 crore, compared with Rs.987.6 crore in the year-ago period.
At the operating level, the company delivered a strong performance, with EBITDA increasing 41% YoY to Rs.734 crore from Rs520 crore a year earlier. EBITDA margin expanded by 370 basis points to 56.4% during the quarter.
Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.
Alongside its June quarter results,...
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