New Delhi, July 23 -- Shares of Oberoi Realty slipped 4 percent to touch a day's low of Rs.1,751 on Wednesday, July 23, following the release of its June quarter earnings that showed a sharp decline in profitability and revenue. The Mumbai-based real estate developer posted a 28 percent year-on-year fall in net profit at Rs.421.2 crore for the quarter ended June 30, 2025, compared to Rs.585 crore in the same quarter last year.
The company's revenue from operations declined 29.7 percent to Rs.987.5 crore in Q1 FY26, down from Rs.1,405 crore reported in Q1 FY25. On the operating front, earnings before interest, tax, depreciation, and amortisation (EBITDA) dropped 36 percent year-on-year to Rs.520.4 crore, against Rs.815 crore in the same p...
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