Oberoi Realty Limited has delivered solid financial results in the second quarter of FY25, driven by a significant increase in both revenue from operations and net profit. The company continues to strengthen its market position, showcasing strong demand and operational performance.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: Oberoi Realty posted a revenue from operations of ₹1,317.41 crore in Q2 FY25, reflecting a 9% increase compared to ₹1,217.41 crore in the same quarter last year.
- Net Profit: The company’s net profit saw a robust growth of 29% YoY, reaching ₹584.94 crore, compared to ₹456.76 crore in Q2 FY24.
- Expenses: Total expenses for the quarter stood at ₹578.64 crore, lower than ₹640.70 crore reported in Q2 FY24, aiding in the company’s profitability.
- Profit Before Tax: Oberoi Realty’s profit before tax increased to ₹782.47 crore, up from ₹598.89 crore in Q2 FY24, demonstrating strong operational efficiency.
Half-Year FY25 Performance:
For the half-year ending September 30, 2024, the company reported:
- Revenue from Operations: ₹2,720.55 crore, up from ₹2,172.36 crore in the corresponding period of FY24.
- Net Profit: ₹1,173.95 crore, compared to ₹778.42 crore in H1 FY24, showing continued strong performance for the first half of the fiscal year.
Oberoi Realty’s Q2 FY25 performance highlights its capability to maintain strong revenue growth and profitability despite market conditions. The company’s strategic management and growing demand for real estate have contributed to its improved financial results, setting a positive tone for the upcoming quarters.
