India markets closed
  • BSE SENSEX

    52,975.80
    +138.59 (+0.26%)
     
  • Nifty 50

    15,856.05
    +32.00 (+0.20%)
     
  • USD/INR

    74.4250
    -0.0250 (-0.03%)
     
  • Dow

    35,061.55
    +238.20 (+0.68%)
     
  • Nasdaq

    14,836.99
    +152.39 (+1.04%)
     
  • BTC-INR

    2,562,019.25
    +42,723.50 (+1.70%)
     
  • CMC Crypto 200

    786.33
    -7.40 (-0.93%)
     
  • Hang Seng

    27,321.98
    -401.86 (-1.45%)
     
  • Nikkei

    27,548.00
    +159.80 (+0.58%)
     
  • EUR/INR

    87.6338
    -0.0146 (-0.02%)
     
  • GBP/INR

    102.3076
    -0.1833 (-0.18%)
     
  • AED/INR

    20.2200
    -0.0050 (-0.02%)
     
  • INR/JPY

    1.4824
    +0.0055 (+0.37%)
     
  • SGD/INR

    54.7280
    -0.0460 (-0.08%)
     

Oberoi Realty Q3 profit up 7 pc at Rs 148 cr

·1-min read

New Delhi, Feb 8 (PTI) Oberoi Realty has reported 7 per cent increase in consolidated net profit at Rs 148.24 crore for the quarter ended December despite fall in total income.

Its net profit in the year-ago period stood at Rs 137.93 crore.

Total income, however, fell to Rs 536.53 crore in the third quarter of 2019-20 from Rs 548.79 crore in the same period a year ago, according to a regulatory filing.

'The Union Budget and the new RBI policy have paved the path to growth and liquidity. Reputed corporates thrive in challenging times due to their ability to adapt and deliver value to their stakeholders,' CMD Vikas Oberoi said.

'We have also seen a marked improvement in buyer interest across all our projects; our diversified businesses also continue to perform well,' he added.

Mumbai-based Oberoi Realty is one of the leading real estate developers in the country. PTI MJH ANU ANU

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting