- HIGHLIGHTS of Consolidated Financials for Q2FY22 and H1FY22
- Revenue for Q2FY22 at Rs. 768.52 crore and for H1FY22 at Rs. 1,063.29 crore and
- EBITDA for Q2FY22 is at Rs. 387.41 crore and for H1FY22 is at Rs. 522.80 crore
- Profit Before Tax (PBT) for Q2FY22 at Rs. 361.94 crore and for H1FY22 at Rs. 471.57
crore and Profit After Tax (PAT) for Q2FY22 at Rs. 266.55 crore and for H1FY22 at Rs.
347.36 crore - Total area booked for Q2FY22 was 4.43 lakh sq. ft. and for H1FY22 was 5.35 lakh sq.
ft.
Mumbai, October 29, 2021: Oberoi Realty Limited, headquartered in Mumbai, today
announced its results for the second quarter of FY22 and first half of FY22. The Company has recorded Consolidated Revenue of Rs. 768.52 crore for Q2FY22 as against Rs. 294.77 crore for Q1FY22. Further the Consolidated Revenue for H1FY22 was Rs. 1,063.29 crore as against Rs. 452.14 crore for H1FY21.
The Consolidated Profit Before Tax was Rs. 361.94 crore for Q2FY22 as against Rs. 109.63
crore for Q1FY22. Further the Consolidated Profit Before Tax for H1FY22 was Rs. 471.57
crore as against Rs. 208.59 crore for H1FY21.
The Consolidated Profit After Tax was Rs. 266.55 crore for Q2FY22 as against Rs. 80.81
crore for Q1FY22. Further the Consolidated Profit After Tax for H1FY22 was Rs. 347.36 crore as against Rs. 167.65 crore for H1FY21.
Commenting on the Q2FY22 results, Mr. Vikas Oberoi, Chairman and Managing Director,
Oberoi Realty Limited said, “The administering of 1 billion Covid vaccine doses by the
government is a milestone achievement. The vaccination progress, improved pandemic
scenario in Maharashtra and historically low home loan rates have improved market
sentiments and instilled confidence in the homebuyers. We are certain that there will be further consolidation amongst developers who can offer an aspirational lifestyle and have a proven track record of quality construction and delivery.
All our projects have performed exceptionally well during the last quarter due to the increased awareness of home ownership and clear preference towards reputed and financially stable brands. We are certain that this sales momentum will continue. Oberoi Realty has always adapted seamlessly to the demands of the dynamic market and consumer behaviour, while continuing to create value for our stakeholders.”
Awards & Recognition :
Oberoi Realty Ltd. recognised as the “Industry Disruptor” under the Architecture,
Engineering and Construction industry category by Autodesk desk Imagine awards
Corporate Comm India (CCI Newswire)
