July 19th, 2024: Mumbai-based real estate company Oberoi Realty Limited has recorded consolidated revenue of Rs 1,441.95 crore for the first quarter of the financial year 2025 (Q1FY25) as against Rs 933.56 crore for Q1FY24 and Rs 1,558.56 crore for Q4FY24, according to the results for the first quarter of FY25 announced by the company. EBIDTA was at Rs 815.05 Crore for Q1FY25 as against Rs 473.73 crore for Q1FY24.
The consolidated Profit Before Tax for Q1FY25 was 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.
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 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.”
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