Oberoi Realty Sees Wider Margins, Declares Interim Dividend

Oberoi Realty announced its financial results for the September quarter, revealing a slight 0.2% increase in consolidated net profit to ₹761.7 crore, compared to ₹760 crore in the same period last year. Revenue from operations, however, saw a 6.1% decline, settling at ₹1,671 crore from ₹1,779 crore.

Despite lower overall revenue, the company demonstrated improved profitability metrics. Earnings before interest, tax, depreciation, and amortisation (EBITDA) remained stable at ₹1,019.2 crore. Crucially, the operating profit margin expanded to 60.99% from 57.35%, and the net profit margin increased to 43.86% from 41.21% year-on-year.

Real estate revenue experienced a decrease, falling to ₹1,625.3 crore from ₹1,734.4 crore, while hospitality revenue saw a minor uptick. For the six months ending September 30, 2026, consolidated net profit grew by 10.5% to ₹1,305.2 crore.

In a move for shareholders, the board declared a second interim dividend of ₹2 per equity share for the 2026-27 financial year. The record date for this dividend is October 23, 2026, with payments commencing on October 30, 2026. The company's financial health is underscored by a debt-equity ratio of 0.14 and a net worth of ₹19,089.9 crore as of September 30, 2026.