Oberoi Realty shares down 4% post Q4 net profit falls 45%, full-year earnings up 15.5% 

The shares of Oberoi Realty Limited were trading at ₹1,597.70 down by ₹59.10 or 3.57 per cent on the NSE today at 1.45 pm.

Oberoi Realty reported a significant 45 per cent year-on-year decline in fourth-quarter net profit to ₹432.50 crore, down from ₹787.71 crore in the same period last year. The Mumbai-based luxury real estate developer saw its Q4FY25 revenue drop to ₹1,213.33 crore, a 22.1 per cent decrease from ₹1,558.56 crore in Q4FY24.

Despite the quarterly setback, Oberoi Realty posted strong annual results with consolidated revenue rising 13.6 per cent to ₹5,474.17 crore for FY25, compared to ₹4,818.77 crore in FY24. Full-year net profit grew 15.5 per cent to ₹2,224.05 crore, up from ₹1,925.17 crore in the previous fiscal year.

The company’s fourth-quarter performance was impacted by rising land acquisition costs, which reportedly increased by 207 per cent year-on-year.

Chairman and Managing Director Vikas Oberoi attributed the overall positive annual performance to “sustained demand” in luxury real estate, highlighting the successful launch of Sky City Mall in Borivali and strong leasing activity in the company’s commercial portfolio.

The board declared a fourth interim dividend of ₹2 per equity share (20 per cent of face value) with May 5, 2025, set as the record date for dividend eligibility.

Oberoi Realty continues to expand its presence across residential, office, retail, and hospitality sectors, with plans for new project launches to capitalize on market demand.

Published on April 29, 2025