Oberoi Realty Q3 Profit Down 49% to Rs 360 cr - PTI
Jan 22, 2024 22:13
Oberoi Realty's consolidated net profit fell 49% to Rs 360.15 crore in Q3 FY23, with total income also declining. The company achieved gross bookings of Rs 882 crore for its new tower in Elysian at Oberoi Garden City.
New Delhi, Jan 22 (PTI) Oberoi Realty Ltd on Monday reported a 49 per cent decline in consolidated net profit to Rs 360.15 crore for the December quarter.
Its net profit stood at Rs 702.57 crore in the year-ago period.
The company's total income also fell to Rs 1,082.85 crore in the third quarter of the current fiscal from Rs 1,651.50 crore a year ago, according to a regulatory filing.
Mumbai-based Oberoi Realty is one of the leading real estate firms in the country.
In a separate filing, Oberoi Realty said it has achieved "gross bookings of Rs 882 crore during the launch of its new tower in Elysian at Oberoi Garden City, Goregaon, Mumbai".
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