Home / Companies / News /  Oberoi Realty posts 12.45% increase in September quarter profit to Rs83.72 crore

Mumbai: Oberoi Realty Ltd (ORL), India’s second largest developer by market value, on Friday reported a 12.45% increase in its second quarter net profit to Rs83.72 crore, helped by robust sales.

In a filing to BSE, Oberoi Realty reported net sales of Rs250.89 crore for the quarter to September, a 32.6% jump from Rs189.19 crore a year ago.

On a standalone basis, the company’s second quarter net profit stood at Rs70.8 crore, while net sales were Rs194 crore.

ORL shares fell 0.39% to Rs331.90 from the previous close on BSE.

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Post your comment

Recommended For You

Trending Stocks

Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout