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The Mumbai-based realty developer said its booking value zoomed over nine times from Rs 632 crore in Q4 FY22.
The realtor sold 207 units during the fourth quarter, up 14.36% year on year but down 11.54% sequentially.
In terms of volume, it sold nearly 14.12 lakh square feet area in Q4 compared with over 5.24 lakh sq. ft. area in the corresponding period of the previous year.
On yearly basis, the real estate developer's booking value soared 120.4% to Rs 8,572 crore in FY23 over FY22.
Meanwhile, during the quarter Oberoi Constructions, a wholly owned subsidiary of Oberoi Realty retired as a member and constituent of Oasis Realty, an unincorporated association of persons, on 3 March 2023. For the period from 1 January 2023 to 3 March 2023, Oasis Realty has sold 63 units amounting to Rs 3,403 crore of booking value to the company.
On a consolidated basis, net profit of Oberoi Realty jumped 50.3% to Rs 702.57 crore on 95.8% surge in net sales to Rs 1,629.46 crore in Q3 FY23 over Q3 FY22.
Oberoi Realty is India's leading real estate development company. It is focused on premium developments in the residential, office space, retail, hospitality, and social infrastructure verticals.
The scrip slipped 4.47% to Rs 870.65 on the BSE.
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