Oberoi Realty, the real estate arm of the Oberoi Group, recorded a consolidated net profit of Rs 761.65 crore in the second quarter (Q2) of FY27, remaining flat with a rise of just 0.2 per cent year-on-year (Y-o-Y) from Rs 760.26 crore in the same quarter last year.
However, the company’s revenue from operations in Q2 FY27 declined 6.1 per cent Y-o-Y to Rs 1,670.95 crore from Rs 1,779.04 crore in the corresponding quarter of FY26.
On a sequential basis, net profit rose 40.1 per cent from Rs 543.51 crore in the first quarter of FY27, while revenue from operations increased 28.5 per cent from Rs 1,300.89 crore.
“In the last quarter, our residential, commercial, retail and hospitality businesses continued to deliver steady performance, reflecting the strength of our diversified portfolio,” Vikas Oberoi, chairman and managing director of Oberoi Realty, said.
The company’s earnings before interest, tax, depreciation and amortisation (Ebitda) for Q2 FY27 stood at Rs 1,084.59 crore.
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In July this year, the Mumbai-based developer recorded gross bookings of approximately Rs 8,109 crore at Three Sixty North in Gurugram, its first luxury residential development in the National Capital Region (NCR).
Further, the company recorded a booking value of Rs 9,149.69 crore in Q2 FY27, while the booking value for the first half of FY27 stood at Rs 10,199.57 crore, compared with Rs 2,937.73 crore in the first half of FY26.
The board of directors declared a second interim dividend of Rs 2 per equity share for FY27, equivalent to 20 per cent of the share’s face value of Rs 10. The record date is 23 October, with dividend payments beginning on 30 October.
The company’s shares closed at Rs 1,707.35 apiece on the Bombay Stock Exchange, up 0.23 per cent at the end of the trading day.