Oberoi Realty Limited — Others, 06-06-2025: Shareholders meeting

Oberoi Realty has announced a board meeting to consider the financial results for the quarter and half-year. For FY2024-25, consolidated revenue rose 13.6% YoY to ₹5,47,417.69 lakh, with profit before tax up 18.95% at ₹2,94,489.68 lakh and comprehensive income increasing 15.5% to ₹2,22,405.16 lakh. Standalone revenue grew 25.9% to ₹4,55,806.71 lakh, and profit before tax jumped 23.8% to ₹2,33,612.65 lakh. The board declared 4 interim dividends totaling ₹8 per share. The company completed acquisition of Nirmal Lifestyle Realty, now a wholly owned subsidiary, and approved its amalgamation. Alpha Wave Ventures II will invest ₹1,25,000 lakh for a 21.74% stake in joint venture I-Ven Realty, reducing existing holdings to 39.13%. Financial controls and audit reports show no significant issues. Oberoi Realty is advancing real estate and hospitality projects backed by a strong balance sheet and strategic growth initiatives.