Oberoi Realty Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- Oberoi Realty Ltd reported a 7.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 34.9%.
- Its expenses for the quarter were up by 12.8% QoQ and 7.8% YoY.
- The net profit increased 4.9% QoQ and increased 71.7% YoY.
- The earnings per share (EPS) of Oberoi Realty Ltd stood at 17 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1460.27 | 1358.62 | 1082.85 | 7.5% | 34.9% |
Total Expenses | 652.71 | 578.64 | 605.71 | 12.8% | 7.8% |
Profit Before Tax | 807.56 | 779.98 | 477.14 | 3.5% | 69.3% |
Tax | 191.90 | 193.03 | 119.18 | -0.6% | 61.0% |
Profit After Tax | 618.38 | 589.44 | 360.15 | 4.9% | 71.7% |
Earnings Per Share | 17.00 | 16.20 | 9.90 | 4.9% | 71.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Oberoi Realty Ltd is a prominent real estate development company based in India. The company is known for its focus on premium residential, commercial, retail, hospitality, and social infrastructure projects. It operates primarily in the Mumbai Metropolitan Region, which is a vibrant real estate market with significant demand for high-quality and luxurious properties. Oberoi Realty has built a reputation for delivering premium projects with a focus on design, quality, and sustainability. The company's portfolio includes a diverse range of developments, and it has consistently sought to enhance its offerings to cater to the evolving needs of its clientele. As of the data available, there are no specific recent developments or strategic shifts publicly noted beyond its existing market operations.
Revenue
In the third quarter of the fiscal year 2025, Oberoi Realty Ltd reported a total income of ₹1460.27 crores, reflecting a substantial increase compared to both the previous quarter and the same quarter in the previous year. This represents a quarter-over-quarter growth of 7.5% from Q2FY25, where the total income was ₹1358.62 crores. On a year-over-year basis, the total income grew by 34.9% from Q3FY24, which stood at ₹1082.85 crores. This increase in total income suggests a robust performance in terms of revenue generation, likely driven by factors such as increased sales volume, higher pricing, or expansion of operations within the company's target markets.
Profitability
Oberoi Realty Ltd's profitability indicators for Q3FY25 show a positive trajectory. The company achieved a profit before tax of ₹807.56 crores, marking a growth of 3.5% from the previous quarter's profit before tax of ₹779.98 crores. The year-over-year increase is significant at 69.3%, up from ₹477.14 crores in Q3FY24. Profit after tax also saw an upward movement, amounting to ₹618.38 crores in Q3FY25, reflecting a 4.9% rise from ₹589.44 crores in Q2FY25 and a 71.7% increase from ₹360.15 crores in Q3FY24. The effective tax paid during the period was ₹191.90 crores, slightly lower than Q2FY25's ₹193.03 crores, but higher than ₹119.18 crores in the same quarter last year. The earnings per share for Q3FY25 were ₹17.00, up from ₹16.20 in the preceding quarter and ₹9.90 in Q3FY24, indicating enhanced shareholder value.
Operating Metrics
Oberoi Realty Ltd's operating expenses for Q3FY25 were noted at ₹652.71 crores, representing a quarter-over-quarter increase of 12.8% from ₹578.64 crores in Q2FY25. Compared to the same period in the previous year, the operating expenses increased by 7.8% from ₹605.71 crores in Q3FY24. Despite the rise in expenses, the company maintained strong profit margins, which is indicative of efficient cost management and operational effectiveness. The robust increase in the earnings per share, which mirrors the profit after tax growth, underscores the company's operational strength and ability to leverage its resources effectively to enhance profitability. These metrics reflect the company's ongoing efforts to optimize its operations and maximize financial performance amidst the dynamic real estate market conditions.
