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Oberoi Realty LimitedUpdates, 20-01-2025: Press Release

20-01-2025 | 09:37 pm

Oberoi Realty has reported robust financial results for Q3FY25 and the first nine months of the fiscal year. Consolidated revenue for Q3FY25 reached ₹1,460.27 crore, up from ₹1,082.85 crore in Q3FY24, while revenue for 9MFY25 stood at ₹4,260.84 crore, compared to ₹3,260.21 crore in 9MFY24. Profit Before Tax (PBT) for Q3FY25 was ₹810.28 crore, significantly higher than ₹479.33 crore from the previous year, with 9MFY25 PBT at ₹2,367.79 crore, compared to ₹1,504.46 crore for 9MFY24. Profit After Tax (PAT) also saw an increase to ₹617.82 crore for Q3FY25 from ₹360.02 crore a year earlier, leading to a PAT of ₹1,791.55 crore for 9MFY25 up from ₹1,137.47 crore.

The company’s chairman emphasized the positive trend in India's luxury real estate market, backed by strong demand for premium residences. Upcoming projects and strategic land acquisitions position Oberoi Realty for continued growth. Additionally, recognition for its commercial project and corporate social responsibility initiatives highlights the company's market standing and commitment to sustainability. Overall, a positive outlook suggests potential for sustained long-term growth.

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