Oberoi Realty Shares Fall As Net Profit Drops 45% In Q4

New Delhi: Mumbai-based real estate firm Oberoi Realty saw its share price decline by Rs46.80 or 2.82 per cent to Rs1,610 on the National Stock Exchange (NSE) on Tuesday.

The fall came after the company reported a 45 per cent drop in its consolidated net profit for the fourth quarter (Q4) of FY25.

According to its filing with the Bombay Stock Exchange (BSE), Oberoi Realty’s net profit for the January-March quarter stood at Rs433.17 crore, compared to Rs788.03 crore in the same period last fiscal.

The sharp fall in profit was mainly due to a steep rise in land acquisition costs and a drop in operational revenue.

Oberoi Realty’s land acquisition costs jumped by 207 per cent, reaching Rs 587 crore in the March quarter of FY25, compared to Rs 191 crore a year ago.

This significant rise in costs affected the company’s bottom line despite a strong market presence.