Oberoi Realty Ltd. reported robust performance in Q2, showcasing strong year-on-year growth across key financial metrics. The company posted a net profit of ₹760 crore, marking a 29% increase compared to ₹589 crore in the same quarter last year.
Revenue surged by 34.8% to ₹1,779 crore against ₹1,319 crore YoY, reflecting healthy demand across its real estate projects. EBITDA for the quarter stood at ₹1,020 crore, up 25.3% from ₹814 crore a year ago, indicating operational efficiency despite a slight dip in margins.
The company’s EBITDA margin was reported at 57.3%, slightly lower than 61.7% in Q2 last year, mainly due to higher input costs and project execution expenses.
In the meantime, Oberoi Realty shares closed today at ₹1,609.20, marking a slight gain from the opening price of ₹1,578.50. During the trading session, the stock touched a high of ₹1,610.00 and a low of ₹1,567.70, reflecting moderate intraday volatility. Over the past 52 weeks, Oberoi Realty has recorded a high of ₹2,343.65 and a low of ₹1,451.95.
Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.
