Image Source : NewsDrum
Oberoi Realty Ltd reported consolidated revenue from operations of Rs 9.88 billion for Q1 FY26, significantly below the I/B/E/S estimate of Rs 16.45 billion. The shortfall reflects a slowdown in project completions and muted sales velocity across key residential assets.
Key Highlights:
- Revenue from operations: Rs 9.88 billion versus Rs 16.45 billion estimate
- Interim dividend declared: Rs 2 per equity share (20% of face value)
- Record date for dividend: July 25, 2025; payout by August 7, 2025
- Board meeting concluded on July 21, 2025
Strategic Context:
- The company continues to focus on premium residential and mixed-use developments in Mumbai
- Recent launches at Borivali and Goregaon yet to reflect in topline due to staggered booking cycles
- Dividend declaration signals confidence in long-term cash flows despite near-term revenue softness
Sources: Business Upturn, Screener.in, Angel One, Moneycontrol, CNBC TV18, Oberoi Realty Investor Filings
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