Business Standard

Oberoi Realty net profit rises 63% at Rs 467.53 crore in Dec quarter

Its net profit stood at Rs 286.65 crore in the year-ago period

Project pipeline to keep revenue trajectory strong for Oberoi Realty

Press Trust of India New Delhi

Mumbai-based Oberoi Realty Ltd on Friday reported a 63 per cent increase in its consolidated net profit at Rs 467.53 crore for the quarter ended December.

Its net profit stood at Rs 286.65 crore in the year-ago period.

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Total income rose to Rs 846.19 crore during October-December period of this fiscal year from Rs 837.57 crore in the corresponding period of the previous year, according to a regulatory filing.

Net profit rose to Rs 814.74 crore in the April-December period of this fiscal year from Rs 452.44 crore in the corresponding period of the previous year.

 

Total income increased to Rs 1,909.48 crore in the first nine months of this fiscal year from Rs 1,289.71 crore in the corresponding period of the previous year.

Oberoi Realty is one of the leading real estate developers in the country.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 29 2022 | 2:46 AM IST

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