Oberoi Realty has reported unaudited results for the first quarter ended June 30, 2011.
The company’s profit for the quarter ended June 30, 2011 has surged over seven-fold at Rs 93.83 crore as compared to Rs 12.64 crore for the corresponding quarter last year. Its total income has grown by 370.32% at Rs 160.71 crore for the quarter under review from Rs 34.17 crore for the same quarter last year.
On consolidated basis, the Group’s net profit for the quarter has jumped 32.56% at Rs 105.77 crore as compared to Rs 79.79 crore for the quarter ended June 30, 2010. Its total income has increased by 29.72% at Rs 215.07 crore for the quarter under review as compared to Rs 165.80 crore for the similar quarter of the previous year.
