NEW DELHI: Oberoi Realty has reported a growth of 71.70 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 618.38 crore in Q3 FY25 as against Rs 360.15 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at Rs 1,460.27 crore, a growth of 34.85 per cent from Rs 1,082.85 crore it recorded in the similar quarter last year.
As on December 31, 2024, its net worth stood at Rs 15,345.08 crore, debt-equity ratio was 0.23, current liability ratio was 0.48, total debts to total assets ratio was 0.16, operating margin was 60.67 per cent and net profit margin was 42.35 per cent.
During the quarter ended December 31, 2024, the holding company has completed the acquisition of Nirmal Lifestyle Realty (NLRPL) under the provision of insolvency and bankruptcy code 2016. NLRPL accordingly becomes a wholly-owned subsidiary of the company with effect from November 07, 2024.
