Oberoi Realty Ltd.
18.10 (1.09%) Oberoi Realty reports 3% rise in Q2 consolidated net profit
Date: 03-11-2015Oberoi Realty has reported results for second quarter ended September 30, 2015.
The company has reported 55.20% fall in its net profit at Rs 49.98 crore for the quarter ended September 30, 2015 as compared to Rs 111.57 crore for the same quarter in the previous year. The company’s total income has decreased by 31.85% to Rs 143.77 crore for the quarter under review from Rs 210.95 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 2.69% rise in its net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 72.44 crore for the quarter ended September 30, 2015 as compared to Rs 70.54 crore for the same quarter in the previous year. Total income of the company has increased by 6.06% at Rs 200.84 crore for quarter under review as compared to Rs 189.37 crore for the quarter ended September 30, 2014.