Oberoi Realty Ltd.

Oberoi Realty has reported results for third quarter ended December 31, 2015.

The company has reported 178.60% rise in its net profit at Rs 186.33 crore for the quarter ended December 31, 2015 as compared to Rs 66.88 crore for the same quarter in the previous year. The company’s total income has increased by 279.43% to Rs 702.32 crore for the quarter under review from Rs 185.10 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported over 2 fold jump in its net profit after tax and minority interest and Share of Profit/(Loss) of Associates at Rs 209.35 crore for the quarter ended December 31, 2015 as compared to Rs 79.23 crore for the same quarter in the previous year. Total income of the company has increased by 259.90% at Rs 790.33 crore for quarter under review as compared to Rs 219.60 crore for the quarter ended December 31, 2014.