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Oberoi Realty Announces Q4fy14 and Fy14 Results
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siliconindia
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Monday, May 12, 2014
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Mumbai : Oberoi Realty Limited, headquartered in Mumbai, today announced its results for the fourth quarter of FY14 and full year FY14. The Company has recorded Consolidated Revenue of 
855.51 crore for FY14 as against 1,147.52 crore for FY13. The Consolidated Revenue is 228.49 crore for Q4FY14 as against 185.95 crore for Q3FY14 and 325.99 crore for Q4FY13.
The Consolidated Profit Before Tax for FY14 was 464.38 crore as against 683.06 crore for FY13. The Consolidated Profit Before Tax for Q4FY14 was 126.59 crore as against 98.32 crore for Q3FY14 and 192.71 crore for Q4FY13.
The Consolidated Profit After Tax for FY14 was 311.06 crore as against 504.79 crore for FY13. The Consolidated Profit After Tax for Q4FY14 was 77.03 crore as against 68.06 crore for Q3FY14 and 145.17 crore for Q4FY13.
Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited said, Our financial prudence has enabled us to use economic cycles to our advantage. Three key developments in the last few months clearance by the Hon'ble Supreme Court of the land in Mulund, the appointment of The Ritz-Carlton as the hospitality partner for the Worli development and the acquisition of the land in Borivali - has placed us in a unique position to capitalise on the changing market sentiments due to expected political stability in the center.
HIGHLIGHTS of Consolidated Financials for FY14 :
=> Revenue for FY14 at 855.51 crore and EBITDA at 491.84 crore; an EBITDA margin of 57.49 % for FY14
=> Profit Before Tax (PBT) for FY14 at 464.38 crore and Profit After Tax (PAT) at 311.06 crore.
=> Total area booked for FY14 was 2.88 Lakh sqft as against 4.96 Lakh sqft sold in FY13 and the total value was 693.00 crore for FY14 as against 868.69 crore for FY13.
HIGHLIGHTS of Consolidated Financials for Q4FY14 :
=> Revenue for Q4FY14 at 228.49 crore and EBITDA at 133.35 crore; an EBITDA margin of 58.36% for Q4FY14
=> Profit Before Tax (PBT) for Q4FY14 at 126.59 crore and Profit After Tax (PAT) at 77.03 crore.
=> Total area booked for Q4FY14 was 0.48 Lakh sq ft as against 1.18 Lakh sqft sold in Q4FY13 and the total value was 112.17 crore for Q4FY14 as against 222.66 crore for Q4FY13.
Sources By : Oberoi Realty
855.51 crore for FY14 as against 1,147.52 crore for FY13. The Consolidated Revenue is 228.49 crore for Q4FY14 as against 185.95 crore for Q3FY14 and 325.99 crore for Q4FY13.
The Consolidated Profit Before Tax for FY14 was 464.38 crore as against 683.06 crore for FY13. The Consolidated Profit Before Tax for Q4FY14 was 126.59 crore as against 98.32 crore for Q3FY14 and 192.71 crore for Q4FY13.
The Consolidated Profit After Tax for FY14 was 311.06 crore as against 504.79 crore for FY13. The Consolidated Profit After Tax for Q4FY14 was 77.03 crore as against 68.06 crore for Q3FY14 and 145.17 crore for Q4FY13.
Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited said, Our financial prudence has enabled us to use economic cycles to our advantage. Three key developments in the last few months clearance by the Hon'ble Supreme Court of the land in Mulund, the appointment of The Ritz-Carlton as the hospitality partner for the Worli development and the acquisition of the land in Borivali - has placed us in a unique position to capitalise on the changing market sentiments due to expected political stability in the center.
HIGHLIGHTS of Consolidated Financials for FY14 :
=> Revenue for FY14 at 855.51 crore and EBITDA at 491.84 crore; an EBITDA margin of 57.49 % for FY14
=> Profit Before Tax (PBT) for FY14 at 464.38 crore and Profit After Tax (PAT) at 311.06 crore.
=> Total area booked for FY14 was 2.88 Lakh sqft as against 4.96 Lakh sqft sold in FY13 and the total value was 693.00 crore for FY14 as against 868.69 crore for FY13.
HIGHLIGHTS of Consolidated Financials for Q4FY14 :
=> Revenue for Q4FY14 at 228.49 crore and EBITDA at 133.35 crore; an EBITDA margin of 58.36% for Q4FY14
=> Profit Before Tax (PBT) for Q4FY14 at 126.59 crore and Profit After Tax (PAT) at 77.03 crore.
=> Total area booked for Q4FY14 was 0.48 Lakh sq ft as against 1.18 Lakh sqft sold in Q4FY13 and the total value was 112.17 crore for Q4FY14 as against 222.66 crore for Q4FY13.
Sources By : Oberoi Realty
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