Oberoi Q4 PAT up at Rs. 287 crore

Oberoi Realty Limited, headquartered in Mumbai, on May 14 announced its results for the fourth quarter of FY21 and full year FY21.

According to a press release, the company recorded consolidated revenue of Rs. 800.87 crore for Q4FY21 as against Rs. 625.73 crore for Q4FY20. The consolidated revenue is Rs. 2,090.59 crore for FY21 as against Rs. 2,285.98 crore for FY20.

The consolidated profit before tax for Q4FY21 is Rs. 354.86 crore as against Rs. 350.80 crore for Q4FY20. The consolidated profit before tax for FY21 is Rs. 924.42 crore as against Rs. 968.89 crore for FY20.

The consolidated profit after tax for Q4FY21 is Rs. 287.47 crore as against Rs. 250.76 crore for Q4FY20. The consolidated profit after tax for FY21 is Rs. 741.54 crore as against Rs. 689.19 crore for FY20.

Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited, said, “The ongoing pandemic has been extremely challenging for everyone.  The need to have a safe and secure environment for one’s family has naturally become the top priority.  We are seeing a clear trend of consumer preferences moving towards spacious homes that can cater to the needs of every family member. Our quarterly and yearly numbers are a testament to this shift which we believe is here to stay.”