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HomeNewsTop NewsOberoi Realty posts net profit of Rs 403.08 crore in Q1 FY23

Oberoi Realty posts net profit of Rs 403.08 crore in Q1 FY23

The company's net consolidated income stood at Rs 934.81 crore in Q1 FY23, a growth of 217 per cent from Rs 294.77 crore it recorded in the similar quarter last year.

Oberoi Realty has reported Rs 403.08 crore net consolidated profit during the quarter ended June 30,2022. It had recorded net profit of Rs 80.63 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated income stood at Rs 934.81 crore in Q1 FY23, a growth of 217 per cent from Rs 294.77 crore it recorded in the similar quarter last year.

In the quarter ended June 30, 2022, its debt to equity ratio was 0.26, current liability ratio was 0.51, total debt to total assets ratio was 0.18, operating margin was 53.90% and net profit margin was 43.12%, the company said in the regulatory filing.

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