The Mumbai-based real estate developer reported a 29% year-on-year rise in consolidated net profit to ₹544 crore, compared with ₹421 crore in the corresponding quarter last year.
Revenue from operations increased 31.7% to ₹1,301 crore from ₹987.6 crore a year ago, reflecting healthy execution and sustained demand across its projects.
Operating performance remained strong, with EBITDA rising 41.1% year-on-year to ₹734.1 crore, while the EBITDA margin expanded to 56.4% from 52.7% in the year-ago period, indicating better profitability and cost efficiencies.
Ahead of the earnings announcement, shares of Oberoi Realty closed 1.55% higher at ₹1,890 on the NSE.
Alongside its quarterly results, the company’s board declared an interim dividend of ₹2 per equity share for FY27. July 23, 2026 has been fixed as the record date to determine eligible shareholders, while the dividend will be paid on or before July 31, 2026.
The strong quarterly performance comes as Oberoi Realty sharpens its focus on Gurugram, which it views as its next major growth engine outside Mumbai.
Following the encouraging response to its maiden Gurugram project, 360 North, the company has reiterated its commitment to building a long-term presence in the National Capital Region (NCR). The project has a gross development value of around ₹16,000 crore, marking one of the company’s largest expansion bets outside Maharashtra.
Chairman and Managing Director Vikas Oberoi recently said the developer intends to give equal strategic importance to Gurugram and Mumbai, describing the NCR city as a “twin city” rather than merely an expansion market.
Also Read: Oberoi Realty bets big on Gurugram, says it will be as important as Mumbai
The company said Gurugram’s premium residential market, favourable demographics and pricing dynamics closely resemble Mumbai, making it a natural fit for its luxury-led development strategy. Oberoi Realty is also evaluating additional land acquisition opportunities across Gurugram and the wider NCR, including Noida, while remaining opportunistic in deploying capital into large, high-quality land parcels.
