Oberoi Realty Ltd.
18.10 (1.09%) Oberoi Realty reports 20% fall in Q1 consolidated net profit
Date: 01-08-2023Oberoi Realty has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 38.63% fall in its net profit at Rs 120.72 crore for the quarter under review as compared to Rs 196.70 crore for the same quarter in the previous year. Total income of the company decreased by 12.98% at Rs 351.25 crore for Q1FY24 as compared Rs 403.65 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 20.20% fall in net profit at Rs 321.64 crore for the first quarter ended June 30, 2023 as compared to Rs 403.08 crore for the same quarter in the previous year. Total income of the company decreased by 0.13% at Rs 933.56 crore for Q1FY24 as compared Rs 934.81 crore for the corresponding quarter previous year.