Oberoi Realty - Q1 - 2025-26

Oberoi Realty - Q1 - 2025-26 -

1) Oberoi Realty on July 21 reported a net profit of Rs 421 crore for the first quarter of the financial year 2026. This marks a nearly 28 percent decline from the Rs 584 crore net profit reported in the corresponding quarter of the previous financial year. 2) Its revenue from operations declined around 30 percent on-year to Rs 987.55 crore, while net profit margin reduced to 39.22 percent during the quarter under review. EBITDA meanwhile stood at Rs 607 crore. 3) Along with the Q1 results, the company also announced an interim dividend of Rs 2 per equity share for its eligible shareholders. The record date to determine the eligibility of the shareholders set to receive the payment has been set on July 25, and if approved, the dividend will be paid on or before August 7. 4) Speaking about the company’s performance during the quarter, Chairman and Managing Director Vikas Oberoi said, “Demand for luxury homes remains strong, fuelled by rising aspirations and a growing desire for an enhanced lifestyle. We are pleased to report another healthy quarter, driven by successful tower launch at Elysian, Oberoi Garden City Goregaon. At Oberoi Realty, we remain focused on creating developments that foster vibrant communities — through thoughtfully designed homes, premium retail, world-class hotels, and sustainable living experiences.” 5) Vikas Oberoi further noted that the Indian economy continues to display remarkable resilience and sustainable growth despite a challenging global economic and geopolitical landscape. “With strong macroeconomic fundamentals, a growing aspirational population, robust domestic demand, and a stable external position, India is placed favourably for growth amongst the major global economies,” he said. 6) Overall results are below expectations. 7) All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24