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Informist, Friday, Jul. 17, 2026

 

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--Oberoi Realty Apr-Jun consol PAT INR 5.44 bln
--Analysts saw Oberoi Realty Apr-Jun consol net profit INR 7.25 bln
--Oberoi Realty Apr-Jun consol revenue INR 13.01 bln
--Analysts saw Oberoi Realty Apr-Jun consol revenue INR 16.53 bln
--Oberoi Realty Apr-Jun consol PAT INR 5.44 bln vs INR 4.21 bln year ago
--Oberoi Realty Apr-Jun consol revenue INR 13.01 bln vs INR 9.88 bln yr ago
--Oberoi Realty Apr-Jun consol operating margin 56.43% vs 52.69% year ago
--Oberoi Realty Q1 consol real estate revenue INR 12.54 bln vs INR 9.45 bln
--Oberoi Realty Q1 consol hospitality revenue INR 468.7 mln vs INR 426.4 mln
--Oberoi Realty to pay INR 2 per share interim dividend
--Oberoi Realty interim dividend record date Jul 23

 

By Narayana Krishna

HYDERABAD — Oberoi Realty Ltd. posted 29% year-on-year rise in consolidated net profit for the June quarter to INR 5.44 billion, well below the Street's consensus estimate. Analysts had estimated the company's net profit at INR 7.25 billion.

 

The company's revenue for the June quarter was up nearly 32% on year at INR 13 billion, again missing the consensus estimate of INR 16.53 billion. The higher revenue and profit estimates by analysts for the June quarter were based on the assumption of resilient demand for luxury homes and healthy sales in other segments. The reported numbers were, however, sharply lower. Sequentially, the company's consolidated net profit declined nearly 23% while revenues fell 26%.

 

The Mumbai-based real estate developer reported growth of nearly 33% on year in its real estate revenues for the June quarter to INR 12.54 billion. The hospitality business segment reported a rise of nearly 10% on year in revenues for the quarter to INR 468.7 million.

 

Oberoi Realty focuses on real-estate development and hospitality and has a strong presence across the Mumbai region. The company develops a diverse portfolio, including residential towers, Grade-A office assets, retail malls, hotels, and infrastructure such as international schools.

 

Higher costs related to land development, construction, and development rights dented the company's performance for the quarter. The company reported 14% year-on-year rise in total expenses, while land and development rights and construction costs increased by 51% on year to INR 9.4 billion. As anticipated, its inventory buildup has increased significantly to INR 4.7 billion against INR 2.4 billion a year ago.

 

The company's employee benefit expenses for the June quarter increased by 28.3% on year to INR 412.5 million. Other expenses were up 23.5% on year at INR 561.5 million. However, the company significantly reduced its finance cost by 30.5% on year to INR 524.3 million. Oberoi Realty's June quarter consolidated operating margin improved by 374 basis points on year to 56.43%.

 

Oberoi Realty has scheduled a call with analysts Monday to discuss its June quarter performance. The board approved paying INR 2 per share as interim dividend for the financial year 2026-27 (Apr-Jun) and set the record date at Jul. 23.

 

Friday, the company's shares ended at INR 1,894.80 on the National Stock Exchange, up 1.8% from Thursday.  End

 

Edited by Rajeev Pai

 

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