Oberoi Realty's Quarterly Profit Decline: A Detailed Report

Oberoi Realty Ltd has announced a decrease of 28% in its consolidated net profit for the quarter ending June. The profit figures declined to Rs 421.25 crore, down from Rs 584.51 crore the previous year.

The total income for the leading Mumbai-based real estate developer also saw a reduction, easing to Rs 1,073.98 crore from Rs 1,441.95 crore in the corresponding period of the previous fiscal year.

Meanwhile, the board has approved an interim dividend of Rs 2 per equity share and reported property sales amounting to Rs 1,639 crore in the April-June quarter of fiscal 2025-26.

(With inputs from agencies.)