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Oberoi Realty Limited, headquartered in Mumbai, announced its results for the first quarter of FY25. The Company has recorded Consolidated Revenue of Rs. 1,441.95 crore for Q1FY25 as against Rs. 933.56 crore for Q1FY24 and Rs. 1,558.56 crore for Q4FY24.
The Consolidated Profit Before Tax for Q1FY25 is Rs. 775.03 crore as against Rs. 426.22 crore for Q1FY24 and Rs. 971.28 crore for Q4FY24.
The Consolidated Profit After Tax for Q1FY25 is Rs. 584.40 crore as against Rs. 321.36 crore for Q1FY24 and Rs. 787.71 crore for Q4FY24.
Commenting on the Q1FY25 results, Vikas Oberoi, Chairman and Managing Director, Oberoi Realty said, “India continues to be the fastest growing major economy, effectively managing global challenges by leveraging its solid economic foundations and proactive policymaking for growth. The Indian real estate market has witnessed strong demand across various segments, solidifying its position as the preferred investment avenue.
We are pleased to announce another successful quarter, driven by healthy demand in the luxury real estate market with homeowners constantly looking to elevate their lifestyles. Oberoi Realty will continue to stand true to providing customers with aesthetically designed luxurious homes and a sustainable lifestyle complete with world class amenities. We are gearing up for new project and tower launches, scaling up our annuity assets and strategic land acquisitions. We are committed to achieving sustainable growth, with a focus on creating lasting value for all our stakeholders.”
