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Oberoi Realty , Mumbai Based Real Estate Developer Announces Q1FY14 Result
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siliconindia
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Tuesday, July 16, 2013
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Mumbai, July 15, 2013: Oberoi Realty Limited, headquartered in Mumbai, today announced its results for the first quarter of FY14. The Company has recorded Consolidated Revenue of 
239.40 crore for Q1FY14 as against 230.86 crore for Q1FY13.
The Consolidated Profit Before Tax for Q1FY14 was 147.57 crore as against 137.62 crore for Q1FY13.The Consolidated Profit After Tax for Q1FY14 was 101.82 crore as against 100.80
crore for Q1FY13.
HIGHLIGHTS of Consolidated Financials for Q1FY14:
Revenue for Q1FY14 at 239.40 crore
Profit Before Tax (PBT) for Q1FY14 at 147.57 crore
Profit After Tax (PAT) at 101.82 crore.
Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty
Limited said,
We continue to maintain traction on the sale of the residential properties and the rental
incomes from our investment properties continue to give us stability. While the global and
domestic headwinds have intensified, our order books remain healthy reflecting the
confidence of our customers. We believe that reputed developers with sound financial
standing will continue to attract healthy demand for their projects. We also welcome the
Real Estate Regulatory Bill as it is expected to bring in transparency and accountability in the
sector. We will continue to focus on being financially prudent while continuously exploring
opportunities to acquire land.
AWARDS & RECOGNITION:
Oberoi Garden City awarded as the Integrated Township of the Year by Realty Plus Excellence
Awards 2013 West
Oberoi Splendor won Highly Commended Landscape Architecture (India) at the Asia Pacific Property Awards 2013-2014.
Oberoi Realty won Red Carpet Customer - Best Customer Engagement Program for The Elite Club at
Great Indian Marketing Summit Realty Conclave 2013
Sources By : Oberoi Realty
239.40 crore for Q1FY14 as against 230.86 crore for Q1FY13.
The Consolidated Profit Before Tax for Q1FY14 was 147.57 crore as against 137.62 crore for Q1FY13.The Consolidated Profit After Tax for Q1FY14 was 101.82 crore as against 100.80
crore for Q1FY13.
HIGHLIGHTS of Consolidated Financials for Q1FY14:
Revenue for Q1FY14 at 239.40 crore
Profit Before Tax (PBT) for Q1FY14 at 147.57 crore
Profit After Tax (PAT) at 101.82 crore.
Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty
Limited said,
We continue to maintain traction on the sale of the residential properties and the rental
incomes from our investment properties continue to give us stability. While the global and
domestic headwinds have intensified, our order books remain healthy reflecting the
confidence of our customers. We believe that reputed developers with sound financial
standing will continue to attract healthy demand for their projects. We also welcome the
Real Estate Regulatory Bill as it is expected to bring in transparency and accountability in the
sector. We will continue to focus on being financially prudent while continuously exploring
opportunities to acquire land.
AWARDS & RECOGNITION:
Oberoi Garden City awarded as the Integrated Township of the Year by Realty Plus Excellence
Awards 2013 West
Oberoi Splendor won Highly Commended Landscape Architecture (India) at the Asia Pacific Property Awards 2013-2014.
Oberoi Realty won Red Carpet Customer - Best Customer Engagement Program for The Elite Club at
Great Indian Marketing Summit Realty Conclave 2013
Sources By : Oberoi Realty
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