Oberoi Realty reports 9% rise in Q4 consolidated net profit

13 May 2019

Oberoi Realty has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 33.81% in its net profit at Rs 63.11 crore for the quarter under review as compared to Rs 95.34 crore for the same quarter in the previous year. Total income of the company decreased by 28.85% at Rs 194.25 crore for Q4FY19 as compared Rs 273.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 8.98% in its net profit at Rs 155.76 crore for the quarter under review as compared to Rs 142.92 crore for the same quarter in the previous year. Total income of the company increased by 69.28% at Rs 597.30 crore for Q4FY19 as compared Rs 352.84 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 8.76% in its net profit at Rs 453.70 crore as compared to Rs 417.16 crore for the previous year. Total income of the company increased by 6.92% at Rs 1158.29 crore for year under review as compared to Rs 1083.34 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 78.06% in its net profit at Rs 816.93 crore as compared to Rs 458.80 crore for the previous year. Total income of the company reports 2-fold jump at Rs 2661.25 crore for year under review as compared to Rs 1292.01 crore for year ended March 31, 2018.

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