Oberoi Realty Ltd.
47.90 (2.98%) Oberoi Realty reports 49% fall in Q3 consolidated net profit
Date: 01-02-2014Oberoi Realty has reported results for third quarter ended December 31, 2013.
The company has reported 38.61% fall in its net profit at Rs 46.08 crore for the quarter as compared to Rs 75.06 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 26.38% at Rs 141.77 crore for quarter under review as compared to Rs 192.58 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported 49.39% fall in its net profit at Rs 68.06 crore for the quarter ended December 31, 2013 as compared to Rs 134.46 crore for the same quarter in the previous year. Total income from operations of the group decreased by 39.63% at Rs 185.95 crore for quarter under review as compared to Rs 308.04 crore for the quarter ended December 31, 2012.