Oberoi Realty Reports 62.35% Surge in Q4 FY26 Net Profit Driven by Revenue Growth
Oberoi Realty's Q4 FY26 net profit jumps 62.35% amid higher revenues
Business Standard
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Oberoi Realty, a premium real estate developer based in Mumbai, reported a 62.35% year-on-year increase in net profit for Q4 FY26, reaching ₹703.28 crore. This growth was fueled by a 52.14% rise in revenue, surpassing analyst expectations. The company also announced plans to raise up to ₹4,000 crore through non-convertible debentures.
- 01Oberoi Realty's Q4 FY26 net profit rose 62.35% to ₹703.28 crore.
- 02Revenue from operations increased by 52.14% to ₹1,749.83 crore.
- 03The company plans to raise up to ₹4,000 crore via non-convertible debentures.
- 04Gross bookings in Q4 FY26 reached ₹1,673 crore, a 96.13% increase year-on-year.
- 05A fourth interim dividend of ₹2 per equity share was declared.
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Oberoi Realty, a leading real estate developer in Mumbai, experienced a significant 62.35% year-on-year increase in net profit for the fourth quarter of financial year 2026 (Q4 FY26), totaling ₹703.28 crore. This growth was primarily driven by a 52.14% rise in revenue from operations, which reached ₹1,749.83 crore, exceeding the analysts' estimate of ₹1,661.82 crore. The company's total expenses for the quarter rose by 33.52% to ₹849.76 crore, influenced by increased costs in land and construction. Sequentially, revenue grew by 17.23% and profit by 12.95%. Oberoi Realty reported gross bookings of ₹1,673 crore for Q4 FY26, marking a remarkable 96.13% increase year-on-year, with bookings for 229 units compared to 78 units in Q4 FY25. The company also announced plans to raise up to ₹4,000 crore through the issuance of non-convertible debentures. Additionally, a fourth interim dividend of ₹2 per equity share was declared. Overall, for FY26, Oberoi Realty's revenue grew 13.67% to ₹6,009.06 crore, while profit increased 12.66% to ₹2,507.43 crore.
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The substantial profit and revenue growth indicate a strong demand for real estate in Mumbai, potentially leading to increased job opportunities in construction and related sectors.
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