Q3 results: Real estate company’s profit increased by more than 71%, keep an eye on the stock
oberoi realty reports q3: The company said in an exchange filing that its profit rose 71.7 per cent to Rs 618.4 crore in the quarter (Q3) ended December
Realty company Oberoi Realty has released the results for the third quarter ended December 2024 after the market closed on Monday. The company said in an exchange filing that its profit in the quarter ended December (Q3) grew 71.7 per cent to Rs 618.4 crore from Rs 360.2 crore in the same quarter a year ago. The company’s income has increased to Rs 1,411 crore, a 34 per cent increase from Rs 1,053.7 crore in the same quarter a year ago.
The company’s EBITDA has seen a 68 percent increase, reaching Rs 856 crore. This figure was Rs 509.5 crore in this quarter a year ago. The company’s EBITDA margin stood at 60.7 percent, which was 48.4 percent in this quarter a year ago.
Stock Performance
The company’s stock closed at Rs 2,002 on Monday with a gain of 0.66 percent. In the last one year, the company’s stock has seen a rise of 46.16 percent. The 62-week high of the stock is Rs 2,343.65.
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