|
The Mumbai-based realty developer said its booking value zoomed 102.73% from Rs 476 crore in Q1 FY24.
The realtor sold 151 units during the second quarter, up 14.39% year on year and 37.27% sequentially.
In terms of volume, it sold nearly 2.20 lakh square feet area in Q2 compared with over 2.33 lakh sq. ft. area in the corresponding period of the previous year.
On half yearly basis, the real estate developer's booking value slipped 24.83% to Rs 1,441 crore in H1 FY24 over H1 FY23.
The realtor's consolidated net profit fell 20.2% to Rs 321.64 crore in Q1 FY24 as against Rs 403.08 crore for Q1 FY23. Revenue for Q1 FY24 rose marginally to Rs 933.56 crore from Rs 934.81 crore posted in corresponding quarter previous year.
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 rose 0.19% to Rs 1,105.55 on the BSE.
|