Oberoi Realty Ltd today reported 16 per cent increase in the consolidated net profit at Rs 79.23 for the quarter ended December 31, 2014 on higher sales.
It had posted a net profit of Rs 68.06 crore in the year-ago period.
Total income rose to Rs 219.6 crore in the third quarter of this fiscal from Rs 185.95 crore in the corresponding period of the previous year, Mumbai-based Oberoi Realty said in a filing to the BSE.
Net sales increased by 28 per cent to Rs 215.73 crore in October-December period as against Rs 169 crore in the year- ago period.
Oberoi Realty has completed more than 35 projects across Mumbai.
