Oberoi Realty Net Profit Down 50% at Rs 152 Cr For Q1FY20

New Delhi: Mumbai-based Oberoi Realty recorded a 50 percent decline in its net profit at Rs 152.07 crore for the first quarter ended June 2019 as compared to Rs 3.9.65 crore in the corresponding quarter of the previous fiscal.

The total income of the company went down by 31 percent at Rs 618.10 crore for the latest quarter as compared to Rs 895.38 crore in the corresponding quarter, the company said in filing to the Bombay Stock Exchange.  

The total area booked in the first quarter ended June 2019 stands at 2.4 lakh sq ft and the total value of the booked area is 4.1 crore.  

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