Oberoi Realty Limited — Board Meeting, 21-07-2025: Outcome of Board Meeting
21-07-2025 | 05:44 pm
21-07-2025 | 05:44 pm
Oberoi Realty's board approved the financial results for the quarter ended June 30, 2025. Consolidated revenue stood at Rs. 987.55 Cr, with a net profit of Rs. 421.25 Cr. The board also declared an interim dividend of Rs. 2 per equity share for the financial year 2025-2026.
Key strategic moves include an external investor injecting Rs. 1,250 Cr into I-Ven Realty Limited (IVRL) for a 21.74% stake. This reduced Oberoi Realty's holding in IVRL from 50% to 39.13%. The company also fully redeemed Rs. 60 Cr from its Series III Non-Convertible Debentures.
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