Oberoi Realty Reports Positive Financial Results for Q1 FY25, Reflecting Strong Position in Real Estate Industry

Oberoi Realty, a largecap real estate company, has recently announced its financial results for the quarter ending June 2024. The company has received a ‘Hold’ rating from MarketsMOJO, indicating a neutral stance on its stock.

According to the financials, Oberoi Realty has shown positive performance in the quarter, with a consistent score in the last three months. The company has also seen a growth in its operating cash flow, with the highest amount of Rs 1,614.76 crore in the last three years. This indicates that the company has been able to generate higher cash revenues from its business operations.

In terms of net sales, Oberoi Realty has recorded its highest quarterly amount of Rs 1,405.16 crore in the last five quarters. This shows a positive trend in the near term for the company. Additionally, the company has also seen a growth of 25.0% in its net sales compared to the average of the previous four quarters, indicating a positive sales trend.

The company’s operating profit (PBDIT) has also shown a positive trend, with the highest amount of Rs 815.05 crore in the last five quarters. Similarly, its profit before tax (PBT) has also seen a growth, with the highest amount of Rs 738.24 crore in the last five quarters. This shows a positive trend in the near term for both operating profit and PBT.

Furthermore, Oberoi Realty’s profit after tax (PAT) has also shown a growth of 21.4% compared to the average of the previous four quarters, with the highest amount of Rs 584.51 crore in the current quarter. This indicates a positive trend in the near term for the company’s PAT.

Overall, Oberoi Realty has shown a positive financial performance in the quarter ending June 2024, with a consistent score and growth in key areas. This reflects the company’s strong position in the real estate industry and its ability to generate higher cash revenues and profits.