Oberoi Realty shares gain nearly 8% on good Q4 show

Shares of Oberoi Realty climbed nearly 8 per cent today after the company reported 34 per cent increase in consolidated net profit for the quarter ended March 31, 2015.
The company's scrip ended the day with a sharp gain of 7.23 per cent at Rs 290.
During the day, it gained 12.49 per cent to Rs 304.25.
At the NSE, it rose by 7.69 per cent to end at Rs 289.70.
The company's market valuation went up by Rs 641.92 crore to Rs 9,518.92 crore.
Oberoi Realty Ltd on Friday reported 34 per cent increase in consolidated net profit at Rs 103.02 crore for the quarter ended March 31, 2015.

The company's consolidated net profit stood at Rs 77.03 crore in the year-ago period.

The consolidated revenue rose to Rs 349.33 crore for the January-March quarter of 2014-15 fiscal as against Rs 228.49 crore in the year-ago period.
"The consolidated profit after tax for 2014-15 is Rs 317.12 crore as against Rs 311.06 crore for FY14," the firm had said in a statement.
It recorded a revenue of Rs 940.16 crore for 2014-15 as against Rs 855.52 crore in 2013-14.
In the stock market, the BSE 30-share key index Sensex ended at 27,490.59, up 479.28 points or 1.77 per cent.