Archive · 23 Jul 2025

Oberoi Realty Q1 Profit Drops, Revenue Declines; Stock Falls

Oberoi Realty Q1 Profit Drops, Revenue Declines; Stock Falls

Oberoi Realty, a real estate company, made less money in the latest quarter.

Their profit went down by 28% compared to last year, and their sales also decreased.

Even though they spent less overall, the cost of building and developing properties increased a lot.

The company announced a small payment to shareholders, called a dividend.

The chairman said that people still want luxury homes.

The company's stock price went down after the news, but they have declared an interim dividend.

Sources