Oberoi Realty Profit

Sensex, Nifty surged by around 28% and 31%, respectively, in the year gone by. However, several investors are keeping their fingers crossed, wishing for the rally to continue

Oberoi Realty has reported 12 per cent increase in consolidated net profit at Rs 83.72 crore for the quarter ended September on higher sales.

Revenue of the company jumped over 50 per cent to Rs 330 crore on account of 81 per cent increase in pre-sales bookings.

Shares of Oberoi Realty today fell by nearly 7 per cent after the company reported a 37 per cent plunge in consolidated net profit for March quarter.

Oberoi Realty on Friday reported a 37per cent plunge in consolidated net profit to Rs 64.55 crorefor March quarter due to lower sales.It had posted a net profit of Rs 103.02 crore in theyear-ago period.

DLF, India's biggest listed developer, traded 4 per cent higher, while Mumbai-based Oberoi Realty advanced 3 per cent. Prestige Estates, Phoenix Mills, HDIL, Sobha, United, DB Realty, etc. traded over 2 per cent higher.

Oberoi Realty shares were on track for their sixth straight day of fall despite the realty developer posting strong numbers in the December quarter. Mumbai-based Oberoi Realty's consolidated net profit jumped 164 per cent year-on-year to Rs 209 crore as sales more than tripled to Rs 790 crore in the December quarter.

Oberoi Realty on Friday reported a more than two-fold jump in consolidated net profit at Rs 209.35 crore for the quarter ended December 31, 2015, on higher sales.

Its net profit stood at Rs 70.54 crore in the year-ago period, Mumbai-based developer said in a statement.

Oberoi Realty Ltd on Saturday reported a 24 per cent increase in consolidated net profit at Rs 79.57 crore for the first quarter of financial year 2015-16.

Oberoi Realty Ltd on Friday reported a 16 per cent increase in consolidated net profit at Rs 79.23 for the quarter ended December 2014, on higher sales.

Total income fell by 30 per cent to Rs 228.49 crore in the fourth quarter of last fiscal from Rs 325.99 crore in the corresponding period of previous year, Oberoi Realty said in a filing to the BSE.

The land purchase could be a boost to Oberoi's profit margins should the real estate developer prevail in the auction, analysts say.

Analysts expect these companies to report a decline in revenue and profit growth.

Sensex, Nifty surged by around 28% and 31%, respectively, in the year gone by. However, several investors are keeping their fingers crossed, wishing for the rally to continue

Oberoi Realty has reported 12 per cent increase in consolidated net profit at Rs 83.72 crore for the quarter ended September on higher sales.

Revenue of the company jumped over 50 per cent to Rs 330 crore on account of 81 per cent increase in pre-sales bookings.

Shares of Oberoi Realty today fell by nearly 7 per cent after the company reported a 37 per cent plunge in consolidated net profit for March quarter.

Oberoi Realty on Friday reported a 37per cent plunge in consolidated net profit to Rs 64.55 crorefor March quarter due to lower sales.It had posted a net profit of Rs 103.02 crore in theyear-ago period.

DLF, India's biggest listed developer, traded 4 per cent higher, while Mumbai-based Oberoi Realty advanced 3 per cent. Prestige Estates, Phoenix Mills, HDIL, Sobha, United, DB Realty, etc. traded over 2 per cent higher.

Oberoi Realty shares were on track for their sixth straight day of fall despite the realty developer posting strong numbers in the December quarter. Mumbai-based Oberoi Realty's consolidated net profit jumped 164 per cent year-on-year to Rs 209 crore as sales more than tripled to Rs 790 crore in the December quarter.

Oberoi Realty on Friday reported a more than two-fold jump in consolidated net profit at Rs 209.35 crore for the quarter ended December 31, 2015, on higher sales.

Its net profit stood at Rs 70.54 crore in the year-ago period, Mumbai-based developer said in a statement.

Oberoi Realty Ltd on Saturday reported a 24 per cent increase in consolidated net profit at Rs 79.57 crore for the first quarter of financial year 2015-16.

Oberoi Realty Ltd on Friday reported a 16 per cent increase in consolidated net profit at Rs 79.23 for the quarter ended December 2014, on higher sales.

Total income fell by 30 per cent to Rs 228.49 crore in the fourth quarter of last fiscal from Rs 325.99 crore in the corresponding period of previous year, Oberoi Realty said in a filing to the BSE.

The land purchase could be a boost to Oberoi's profit margins should the real estate developer prevail in the auction, analysts say.

Analysts expect these companies to report a decline in revenue and profit growth.