Latest News | Oberoi Realty Profit Falls 28pc in June Quarter to Rs 421cr

New Delhi, Jul 21 (PTI) 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.

Also Read | British Royal Navy F-35B Stealth Fighter Jet to Fly Out of India on July 22, Here’s How Much Kerala's Thiruvananthapuram Airport Earned in Parking Fees.

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.

Also Read | Kolkata Fatafat Result Today, July 21, 2025: Kolkata FF Live Winning Numbers Released, Know When and Where To Check Result Chart of Satta Matka-Type Lottery Game.

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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)