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Oberoi Realty standalone net profit declines 27.07% in the March 2017 quarter

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Capital Market

Sales rise 35.80% to Rs 234.01 crore

Net profit of Oberoi Realty declined 27.07% to Rs 85.88 crore in the quarter ended March 2017 as against Rs 117.75 crore during the previous quarter ended March 2016. Sales rose 35.80% to Rs 234.01 crore in the quarter ended March 2017 as against Rs 172.32 crore during the previous quarter ended March 2016.

For the full year,net profit declined 35.56% to Rs 320.64 crore in the year ended March 2017 as against Rs 497.59 crore during the previous year ended March 2016. Sales declined 24.74% to Rs 890.59 crore in the year ended March 2017 as against Rs 1183.39 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales234.01172.32 36 890.591183.39 -25 OPM %52.3844.99 -51.8747.36 - PBDT135.24152.53 -11 518.12722.80 -28 PBT127.81142.08 -10 476.12680.73 -30 NP85.88117.75 -27 320.64497.59 -36

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First Published: May 05 2017 | 12:18 PM IST

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