Latest News | Oberoi Realty Q3 Profit Down 49 Per Cent to Rs 360 Cr
Get latest articles and stories on Latest News at LatestLY. Oberoi Realty Ltd on Monday reported a 49 per cent decline in consolidated net profit to Rs 360.15 crore for the December quarter.
New Delhi, Jan 22 (PTI) Oberoi Realty Ltd on Monday reported a 49 per cent decline in consolidated net profit to Rs 360.15 crore for the December quarter.
Its net profit stood at Rs 702.57 crore in the year-ago period.
Also Read | Explainer on Union Budget of India: Everything You’ve Ever Wanted To Know About an Interim Budget.
The company's total income also fell to Rs 1,082.85 crore in the third quarter of the current fiscal from Rs 1,651.50 crore a year ago, according to a regulatory filing.
Mumbai-based Oberoi Realty is one of the leading real estate firms in the country.
Also Read | Union Budget 2024-25: Ten Facts About India’s Budget That Every Indian Citizen Must Know Of.
In a separate filing, Oberoi Realty said it has achieved "gross bookings of Rs 882 crore during the launch of its new tower in Elysian at Oberoi Garden City, Goregaon, Mumbai".
(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)