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OBEROI REALTY ANNOUNCES Q2FY15 and H1FY15 RESULTS

HIGHLIGHTS of Consolidated Financials for Q2FY15 and H1FY15

  • Revenue for Q2FY15 at Rs. 189.37 crore and for H1FY15 at Rs. 371.22 crore
  • Profit Before Tax (PBT) for Q2FY15 at Rs. 104.13 crore and H1FY15 at Rs. 197.53 crore
  • Profit After Tax (PAT) for Q2FY15 at Rs. 70.54 crore and H1FY15 at Rs. 134.87 crore. 

Mumbai, October 18, 2014: Oberoi Realty Limited, headquartered in Mumbai, today announced its results for the Second quarter of FY15 and first half of FY15. The Company has recorded Consolidated Revenue of Rs. 189.37 crore for Q2FY15 as against Rs. 181.85 crore for Q1FY15 and Rs. 371.22 crore for H1FY15 as against Rs. 441.08 crore for H1FY14.

The Consolidated Profit Before Tax for Q2FY15 was Rs. 104.13 crore as against Rs. 93.40 crore for Q1FY15 and Rs. 197.53 crore for H1FY15 as against Rs. 239.47 crore for H1FY14.

The Consolidated Profit After Tax for Q2FY15 was Rs. 70.54 crore as against Rs. 64.33 crore for Q1FY15 and Rs. 134.87 crore for H1FY15 as against Rs. 165.96 crore for H1FY14.

Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited said,

A stable government at the centre, and our Prime Minister – Mr Modi’s recent visit to the U.S. has put India on the global stage. Today the whole world is looking at India for growth opportunities. His vision of ‘Make in India’ and a slew of positive changes being announced and implemented in a very short span of time, have revived the consumer sentiment in the country. Within this financial year, we at Oberoi Realty are gearing up to launch 2 large scale projects in Mumbai – Mulund & Borivali. We believe that our focus on creating great quality products will be reflected by the continued customer confidence in our company.” 

AWARDS & RECOGNITION: 

  • Oberoi Exquisite awarded  ‘High Rise Project of the Year” at the Construction Week India Awards 2014

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