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Oberoi Realty's sales bookings declined 10 per cent to Rs 1,299.06 crore in the second quarter of this fiscal due to lower volumes in terms of area. Mumbai-based Oberoi Realty, which is mainly into the luxury housing segment, had sold properties worth Rs 1,442.46 crore in the year-ago period. According to its latest investor presentation, Oberoi Realty sold 158 units covering 2,50,701 sq ft area during the second quarter of this fiscal with a sales bookings value of Rs 1,299.06 crore. The company collected Rs 1,352.82 crore in the July-September period of the current fiscal. During the second quarter of the preceding 2024-25 fiscal, Oberoi Realty had sold 158 units covering 2,75,780 sq ft area with sales bookings value of Rs 1,442.46 crore. The company had collected Rs 1,211.17 crore in the July-September period of the last fiscal year. Recently, Oberoi Realty reported a 29 per cent increase in its consolidated profit to Rs 760.26 crore for the second quarter of this fiscal on hi
Oberoi Realty on Wednesday reported a 29 per cent rise in its consolidated profit to Rs 760.26 crore for the second quarter of this fiscal on higher revenue. Its net profit stood at Rs 589.44 crore in the year-ago period. The total income grew to Rs 1,844.84 crore during the July-September period of 2025-26 from Rs 1,358.62 crore in the corresponding period of the preceding fiscal year, Oberoi Realty said in a regulatory filing. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country. It focuses on the luxury housing segment.
Investment management firm Invesco on Wednesday divested more than 2 crore shares of real estate firm Oberoi Realty and Lodha Developers for a total of Rs 3,202 crore through open market transactions. The US-based investment firm through its affiliate Invesco Developing Markets Fund offloaded a little over 1 crore equity shares or 2.95 per cent stake in Oberoi Realty, bulk deal data on the BSE showed. The company sold shares at Rs 1,754.26 apiece, taking the deal value to around Rs 1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund owned a 3.01 per cent stake in Oberoi Realty. In a separate bulk deal on the NSE, Invesco Developing Markets Fund sold 95.25 lakh shares or nearly 1 per cent stake in Mumbai-based Lodha Developers. Shares were disposed of at Rs 1,384.93 apiece, taking the total value to Rs 1,319.24 crore. Meanwhile, SBI Mutual Fund bought 40.94 lakh shares or 1.13 per cent equity stake in Oberoi Realty for Rs 718.18 crore. The shares were acquired a
Oberoi Realty Ltd on Monday reported a 28 per cent decline in its consolidated net profit to Rs 421.25 crore for the quarter ended in June on lower income. Its net profit stood at Rs 584.51 crore in the year-ago period. Total income fell to Rs 1,073.98 crore in the first quarter of this fiscal from Rs 1,441.95 crore in the corresponding period of the preceding year. The board also declared an interim dividend for FY25-26 at the rate of Rs 2 per equity share, which is 20 per cent of the face value of equity shares of Rs 10 each. On the operational front, the company has sold properties worth Rs 1,639 crore in the April-June quarter of 2025-26 fiscal. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.
Oberoi Realty on Monday reported 45 per cent decline in consolidated net profit at Rs 433.17 crore for March quarter FY25 due to lower income. Its net profit stood at Rs 788.03 crore in the year-ago period. Total income also fell to Rs 1,213.33 crore in January-March 2024-25 from Rs 1,558.56 crore a year ago, according to a regulatory filing. Net profit rose to Rs 2,225.51 crore in 2024-25 from Rs 1,926.60 crore a year ago. Total income increased to Rs 5,474.17 crore from Rs 4,818.77 crore. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.