Oberoi Realty has reported results for first quarter ended June 30, 2016.
The company has registered 30.31% fall in its net profit at Rs 92.81 crore for the quarter as compared to Rs 133.17 crore for the same quarter in the previous year. The company’s total income increased by 9.62% to Rs 2662.10 crore for the quarter under review from Rs 2428.40 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 32.89% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 108.88 crore for the quarter ended June 30, 2016 as compared to Rs 81.93 crore for the same quarter in the previous year. Total Income of the company increased by 50.56% to Rs 330.26 crore for quarter under review from Rs 219.35 crore for the quarter ended June 30, 2015.
