Up next
Tags

Oberoi Realty Limited, a leading real estate developer headquartered in Mumbai, announced robust financial results for the third quarter (Q3FY25) and nine months (9MFY25) of the fiscal year. The company reported significant growth in both revenue and profitability, driven by strong demand for premium and luxury residences.

Financial Highlights

  • Q3FY25 Revenue: ₹1,460.27 crore, up from ₹1,082.85 crore in Q3FY24.
  • 9MFY25 Revenue: ₹4,260.84 crore, up from ₹3,260.21 crore in 9MFY24.
  • Q3FY25 Profit Before Tax (PBT): ₹810.28 crore, compared to ₹479.33 crore in Q3FY24.
  • 9MFY25 PBT: ₹2,367.79 crore, up from ₹1,504.46 crore in 9MFY24.
  • Q3FY25 Profit After Tax (PAT): ₹617.82 crore, an increase from ₹360.02 crore in Q3FY24.
  • 9MFY25 PAT: ₹1,791.55 crore, compared to ₹1,137.47 crore in 9MFY24.

Management Commentary

Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, expressed optimism about the company’s performance and the broader market conditions:

“The Indian economy continues to thrive across sectors, with the luxury real estate market experiencing remarkable growth. We are thrilled with the tremendous response to the first phase launch of Oberoi Garden City in Thane. The demand for premium and bespoke residences remains strong, and our luxury homes continue to set new benchmarks in design and quality. With a robust pipeline of projects and strategic land acquisitions, Oberoi Realty is well-positioned to capitalize on rising demand and deliver sustainable growth.”

Awards and Achievements

Oberoi Realty received multiple accolades in 2024, reflecting its commitment to excellence in real estate, corporate responsibility, and sustainability:

  • Commercial Project of the Year: COMMERZ III ranked 2nd at the GRI Awards India 2024.
  • CSR Excellence: Ranked 2nd by GRI Awards India 2024.
  • Great Place To Work® Certification: Certified from December 2024 to December 2025.
  • Top 25 Safest Workplaces in India: Recognized at the Kelp PoSH Awards 2024.
  • Oberoi Mall Achievements:
    • Excellence Award from the Indian Green Building Council Performance Challenge 2024.
    • Sustainability Leadership Award at the National Awards for Excellence.
    • Marketing Campaign of the Year for “Jingle All The Way” and “Light Up Luck” at the Global Marketing Excellence Awards.

Outlook

With a strong financial performance, strategic initiatives, and a focus on delivering premium experiences, Oberoi Realty is well-poised for sustained growth in the coming quarters. The company’s success highlights the resilience of India’s luxury real estate market and the continued demand for high-quality, bespoke residences.

Also Read: Oberoi Garden City Thane

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like

Cricketer Prithvi Shaw buys a house for ₹10.5 Crore in Bandra

Cricketer Prithvi Shaw
WeWork

WeWork India Files DRHP with SEBI for IPO

WeWork India Management Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering (IPO). The IPO comprises an Offer for Sale (OFS) of up to 43.75 million equity shares by Embassy Buildcon LLP and 1 Ariel Way Tenant Limited. The company, a leading flexible workspace provider, will not receive any proceeds from the sale. Book Running Lead Managers include JM Financial, ICICI Securities, Jefferies India, Kotak Mahindra Capital, and 360 ONE WAM.
MahaRERA has ordered the promoter of the Godrej 24 project in Hinjawadi to permanently rectify seepage defects under Section 14(3) of RERA, reinforcing that builders remain responsible for structural defects even after possession and that temporary repairs do not fulfil statutory obligations.

Homeowners Alert! Builders Legally Bound to Fix Major Defects Within 5 Years – RERA Section 14(3) Explained

Under RERA Section 14(3), builders must repair major defects within five years of possession or compensate buyers. A landmark shift in homebuyer protection.
Mumbai

Mumbai’s Real Estate Market Shows Signs of Stagnation as Property Registrations Plateau

Mumbai’s real estate sector appears stagnant as property registration data for January 2025 reveals minimal growth compared to the same period last year. With just six more registrations than in January 2024 and stable stamp duty collections, the market shows no signs of significant movement or price appreciation.