Oberoi Realty Announces Q4 FY18 and FY18 Results

Mumbai, April 24, 2018: Oberoi Realty Limited, headquartered in Mumbai, today announced its results for the fourth quarter of FY18 and full year FY17.
The Company has recorded Consolidated Revenue of Rs. 352.84 crore for Q4FY18 as against Rs. 302.33 crore for Q4FY17. The Consolidated Revenue is Rs. 1,292.01 crore for FY18 as against Rs.1,161.34 crore for FY17.
The Consolidated Profit Before Tax for Q4FY18 is Rs. 178.66 crore as against Rs. 151.06 crore for
Q4FY17. The Consolidated Profit Before Tax for FY18 is Rs. 649.53 crore as against Rs. 565.44 crore for FY17.
The Consolidated Profit After Tax for Q4FY18 is Rs. 142.92 crore as against Rs. 101.82 crore for
Q4FY17. The Consolidated Profit After Tax for FY18 is Rs. 458.80 crore as against Rs. 378.59 crore for FY17.
The order book stands at Rs. 5,360.82 crore at the end of FY18 as against Rs 5,037.45 crore at the end of FY17.
Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty
Limited said, ?FY 2017-18 was a year of consolidation for the Indian economy, with many key reforms being successfully implemented. In Maharashtra, the state government, in addition to being at the forefront of RERA adoption, has retained its focus on key infrastructure and connectivity projects, especially in Mumbai. At Oberoi Realty we have always welcomed and embraced policy reforms positively and are poised to capitalise on these changes as well. The real estate sector has gone through a very disruptive period during the last few years and only those who are agile and can adapt to the
market sentiments will be able to thrive.
With the strong impetus on Mumbai?s infrastructure and increase in disposable incomes we firmly believe that the city is sitting on latent demand waiting to be released. As a company we have always positioned our customers at the forefront and therefore we are creating synergies for the aspiring home buyers to own a home at Oberoi Realty?.

About Oberoi Realty Limited
Oberoi Realty Ltd. is India?s leading real estate development company, headquartered in Mumbai. It is focused on premium developments in the residential, office space, retail, hospitality and social infrastructure verticals. In the real
estate space, Oberoi Realty is an established brand with an impeccable track record. Its primary aim is to build aspirational developments for its customers with distinctive designs, functional aesthetics and quality finishes that
translate into landmark projects through its mixed-use and single-segment developments. This mix of innovative design, planning initiatives and use of cutting-edge technologies has enabled the company to successfully deliver 40
completed projects across Mumbai, the financial capital of India.

Company :-concept PR

User :- Geeta Fadnavis

Email :-geeta@conceptpr.com

Mobile:- +91 9849256292