Indian Real Estate Market Sees Strong Demand, Oberoi Realty Records Impressive Q1 FY25 Results
Oberoi Realty Limited has reported a consolidated revenue of Rs 1,441.95 crore for Q1 FY25, solidifying the Indian real estate market's position as a preferred investment avenue.
Indian Real Estate MarketOberoi RealtyQ1 Fy25 ResultsMumbaiReal Estate DevelopmentReal Estate MumbaiJul 22, 2024
The company's EBIDTA stood at Rs 815.05 crore for Q1FY25, up from Rs 473.73 crore for Q1FY24. The consolidated Profit Before Tax for Q1FY25 was Rs 775.03 crore, compared to Rs 426.22 crore for Q1FY24 and Rs 971.28 crore for Q4FY24. The consolidated Profit After Tax for Q1FY25 was Rs 584.40 crore, up from Rs 321.36 crore for Q1FY24 and Rs 787.71 crore for Q4FY24.
Frequently Asked Questions
What was Oberoi Realty's consolidated revenue for Q1FY25?
Rs 1,441.95 crore
What is the current state of the Indian real estate market?
The Indian real estate market is witnessing strong demand across various segments, solidifying its position as the preferred investment avenue.
Who is the chairman and managing director of Oberoi Realty?
Vikas Oberoi
What is Oberoi Realty's strategy for growth?
The company is gearing up for new project and tower launches, scaling up its annuity assets and strategic land acquisitions, with a focus on creating lasting value for all its stakeholders.
What is the significance of Oberoi Realty's Q1 FY25 results?
The results solidify the company's position as a leader in the Indian real estate market and demonstrate the country's solid economic foundations and proactive policymaking.
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