Oberoi Realty Share Price Drops 6%; Announces Q3 FY25 Results

Oberoi Realty’s share price dropped 6.02% to ₹1,746.15 at 10:55 AM on the NSE, after opening at ₹1,858, down from its previous close of ₹1,858.05. The stock dropped to day’s low of ₹1,731.50 during early trade. The stock fell for the second consecutive session today adding to yesterday’s fall of 7.23%.

Q3 FY25 Results

Oberoi Realty’s, a prominent Mumbai-based real estate firm, Q3 FY25 net profit increased by 72% to ₹618 crore, with a 34% rise in revenue to ₹1,411 crore.

The company’s revenue surged by 34% to ₹1,411.08 crore, compared to ₹1,053.64 crore in Q3 FY24. The growth was also reflected sequentially, with a 5% rise in net profit and 7% growth in revenue.

Vikas Oberoi, Chairman & Managing Director of Oberoi Realty, commented that the Indian economy’s growth across sectors, especially in luxury real estate, has driven a strong quarter for the company.

The overwhelming response to the first phase launch at Oberoi Garden City, Thane, and ongoing demand for premium residences position Oberoi Realty well to meet growing demand and foster long-term profitable growth.

Oberoi Realty Declares Interim Dividend

Oberoi Realty has declared a third interim dividend of ₹2 per equity share with a face value of ₹10 each for the ongoing financial year, alongside its Q3 results.

The company has set January 24 as the record date for determining eligibility for the dividend, which will be paid on or after February 10.

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