Oberoi Realty Ltd on Monday reported a 28% decline in its consolidated net profit to ₹421.25 crore for the quarter ended in June on lower income.
Its net profit stood at ₹584.51 crore in the year-ago period.
Total income fell to ₹1,073.98 crore in the first quarter of this fiscal from ₹1,441.95 crore in the corresponding period of the preceding year.
The board also declared an interim dividend for FY25-26 at the rate of ₹2 per equity share, which is 20% of the face value of equity shares of ₹10 each.
On the operational front, the company has sold properties worth ₹1,639 crore in the April-June quarter of 2025-26 fiscal.
Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.
