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Informist, Monday, Jan. 19, 2026

 

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--Oberoi Realty Oct-Dec consol net profit INR 6.23 bln 
--Analysts saw Oberoi Realty Oct-Dec consol net profit INR 7.04 bln 
--Oberoi Realty Oct-Dec consol revenue INR 14.93 bln 
--Analysts saw Oberoi Realty Oct-Dec consol revenue INR 17.18 bln 
--Oberoi Realty Oct-Dec consol PAT INR 6.23 bln vs INR 6.18 bln year ago 
--Oberoi Realty Oct-Dec consol revenue INR 14.93 bln vs INR 14.11 bln yr ago 
--Oberoi Realty Apr-Dec consol PAT INR 18.04 bln vs INR 17.92 bln year ago 
--Oberoi Realty Apr-Dec consol revenue INR 42.59 bln vs INR 41.36 bln yr ago 
--Oberoi Realty Oct-Dec consol operating margin 55.89% vs 60.67% year ago 
--Oberoi Realty Q3 consol real estate revenue INR 14.37 bln vs INR 13.57 bln 
--Oberoi Realty to pay INR 2 per shr interim dividend; record date is Fri

 

By Shakshi Jain 

 

MUMBAI – Property developer Oberoi Realty Ltd. Monday posted a flat bottom-line growth for the December quarter on a year-on-year basis, missing the Street's already beaten down expectations. The company's total expenses for the quarter rose far faster than the top line, exerting pressure on the bottom line growth. Further, Oberoi Realty also incurred a one-time cost in Oct-Dec, resulting from an increase in the company's obligations due to the new labour codes which came into effect in November. Meanwhile, the real estate firm's top line for the reporting quarter rose in a mid-single digit on year, still failing to meet the street's estimate.

 

The realty player's consolidated top line grew almost 6% on year but fell over 16% sequentially to INR 14.93 billion in the December quarter. This was much lower than the INR 17.18 billion in revenue expected by analysts.

 

The Mumbai-based company's consolidated bottom line for the reporting quarter rose 0.7% on year and fell over 18% sequentially to INR 6.23 billion. Analysts' consensus estimate had pegged the company's bottom line for the December quarter at INR 7.04 billion.

 

For the December quarter, Oberoi Realty listed an incremental one-time impact of INR 230 million on account of the new labout codes. Under the new code, which came into effect on Nov. 21, basic pay must account for at least 50% of an employee's total cost to the company. As a result, pay outs tied to statutory contributions such as gratuity and leave-related benefits are set to increase for companies.

 

Oberoi Realty incurred a total expenditure of INR 7.35 billion in the three months ended Dec. 31, up almost 13% on year. This was led by a more than 66% on-year jump in the company's expenses tied to land, development, rights, construction, and other costs to INR 9.98 billion in Oct-Dec. However, changes in inventory helped the company offset this cost surge by INR 4.48 billion during the quarter.

 

Revenue from the company's core real estate vertical rose almost 6% on year to INR 14.37 billion in Oct-Dec. The hospitality segment of the company recorded a near 4% year-on-year increase in revenue contribution for reporting quarter at INR 557 million.

 

Oberoi Realty's consolidated operating margin in the December quarter contracted by 478 basis points on year to 55.89%.

 

In the first nine months of 2025-26 (Apr-Mar), Oberoi Realty's consolidated revenue from operations grew around 3% on year to INR 42.59 billion while its net profit grew less than a percent to INR 18.04 billion.

 

The realty developer announced an interim dividend of INR 2 per share for FY26 and the record date for its payment is Friday.

 

Monday, shares of the company ended 0.6% lower at INR 1,654.90 on the National Stock Exchange. The company announced its December-quarter earnings after market hours.  End

 

Edited by Akul Nishant Akhoury

 

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