Oberoi Realty's net profit dips marginally to Rs 137 cr in Q2FY21
New Delhi: Oberoi Realty has registered marginal drop in consolidated net profit at Rs 137 crore in the second quarter if the ongoing fiscal as against a consolidated net profit of Rs 138 crore in the same quarter of the previous fiscal year.
Company’s income declined 36 percent at Rs 325 crore in the second quarter if the ongoing fiscal as compared to the same quarter of the previous fiscal year, the company said in a regulatory filing.
Company’s total expenses stood fell to Rs 158 crore in the second quarter if the current fiscal as against Rs 315 crore in the corresponding quarter of the previous fiscal.
The ongoing pandemic has “severely” impacted the mall operations of the company, it said.