Oberoi Realty shares declined around 2% after the company reported weaker-than-expected financial results for the first quarter of FY26. Both revenue and profit saw a sharp year-on-year fall, denting investor sentiment despite a dividend announcement.
For the quarter ended June 30, 2025, the Mumbai-based real estate firm posted a net profit of ₹421.2 crore, marking a 28% drop compared to ₹585 crore in the same quarter last year. Revenue from operations also fell by nearly 30% YoY to ₹987.5 crore from ₹1,405 crore in Q1 FY25.
Operating performance reflected the slowdown as well. EBITDA came in at ₹520.4 crore, down 36% from ₹815 crore last year, while EBITDA margin narrowed to 52.7% from 58%.
The company attributed the downturn primarily to muted sales and softer price realizations in its residential segment during the quarter.
Despite the subdued numbers, Oberoi Realty’s board declared an interim dividend of ₹2 per equity share (20% of face value) for FY26. The record date for eligibility is July 25, and the dividend is scheduled to be paid on or before August 7, 2025.
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