Home Brand News OBEROI REALTY ANNOUNCES 9MFY19 and Q3FY19 RESULTS

OBEROI REALTY ANNOUNCES 9MFY19 and Q3FY19 RESULTS

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HIGHLIGHTS of Consolidated Financial results for 9MFY19 and Q3FY19
• Revenue for 9MFY19 at Rs. 2,063.95 crore and for Q3FY19 at Rs. 548.79 crore
• Profit Before Tax (PBT) for 9MFY19 at Rs. 957.50 crore and Q3FY19 at Rs. 195.24 crore
• Profit After Tax (PAT) for 9MFY19 at Rs. 661.17 crore and Q3FY19 at Rs. 137.93 crore

Mumbai, January 22nd, 2019: Oberoi Realty Limited, headquartered in Mumbai, today announced its
results for the nine months of FY19 and third quarter of FY19. The company has recorded Consolidated
Revenues of Rs. 548.79 crore for Q3FY19 as against Rs.360.36 crore for Q3FY18 and Rs. 2,063.95
crore for 9MFY19 as against Rs. 939.17 crore for 9MFY18.
The Consolidated Profit Before Tax for Q3FY19 is Rs. 195.24 crore as against Rs. 183.73 crore for
Q3FY18 and Rs. 957.50 crore for 9MFY19 as against Rs. 470.87 crore for 9MFY18.
The Consolidated Profit After Tax for Q3FY19 is 137.93 crore as against Rs.120.19 crore for Q3FY18 and
Rs. 661.17 crore for 9MFY19 as against Rs. 315.88 crore for 9MFY18.
Commenting on the Q3FY19 results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited said, “2018 was a year of transformation for the real estate industry in more ways than one. On the one hand it evolved to adapt to the path-breaking reforms of the government and rapidly changing
market dynamics. On the other hand, the NBFC crisis also created its own turmoil for many players in the sector. While RERA has already started the consolidation process, NBFC will become the catalyst for accelerating the same. Today, the industry is favorable for developers like us with a strong focus on customer-centricity, financial prudence and compliance. At Oberoi Realty, we have grown from strength to strength through our
sustained emphasis on enhancing value for all our stakeholders and our multiple developments at prime locations across the financial capital stand testament to this. We are truly grateful to our customers for the faith that they have imposed in us through the years and will continue our journey of creating new
milestones in the years to come

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