Real estate firm Oberoi Realty Ltd reported a significant 45% drop in net profit in the fourth quarter of the fiscal year, primarily due to a decline in revenue. Despite the challenging financial landscape, the company has declared a dividend for its shareholders.
Oberoi RealtyReal EstateFinancial ResultsNet ProfitDividendReal Estate NewsApr 28, 2025
Oberoi Realty reported a 45% decline in net profit in Q4, which fell to Rs 110 crore from Rs 200 crore in the corresponding period last year.
The revenue decline was primarily due to the lingering effects of the economic slowdown and a decrease in demand for new real estate projects.
Oberoi Realty is focusing on cost optimization, enhancing marketing efforts, and exploring opportunities in non-traditional areas such as co-living and serviced apartments.
The Indian government has introduced measures such as the Real Estate (Regulation and Development) Act (RERA) and affordable housing schemes to support the real estate sector.
Oberoi Realty plans to diversify its revenue streams, continue developing premium properties, and adapt to changing market conditions to ensure long-term growth.
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