Oberoi Realty kicked off FY26 on a weaker note, posting a sharp decline in its earnings for the first quarter ended June 30, 2025. The Mumbai-based real estate developer reported a 28% year-on-year (YoY) drop in net profit, which came in at ₹421.2 crore compared to ₹585 crore in Q1 FY25.
The company also witnessed a significant decline in revenue, which fell 29.7% YoY to ₹987.5 crore, down from ₹1,405 crore in the same period last year. The fall in revenue appears to have weighed heavily on operating performance as well.
On the operating front, EBITDA came in at ₹520.4 crore, a steep 36% decline from ₹815 crore a year ago. EBITDA margin also slipped to 52.7% from 58% YoY, reflecting the pressure on profitability despite a still-healthy margin profile by sector standards.
Oberoi Realty board has also declared an interim dividend of ₹2 per share for FY26. This amounts to 20% of the face value of each share (₹10). The decision was made during the board meeting held on July 21, 2025. Shareholders on record as of July 25, 2025, will be eligible for the dividend. The company has confirmed that the payout will be made on or before August 7, 2025.
