Oberoi Realty doubles profit to ₹843.51 cr, declares ₹2 dividend
Net profit rose to ₹843.51 cr from ₹421.25 cr a year ago, with revenue at ₹1,300.89 cr. Market had already priced in the Gurugram bookings.
— 5 earlier stories on Oberoi Realty Ltd. →What's new
- Consolidated net profit doubled to ₹843.51 crore from ₹421.25 crore YoY.
- Revenue from operations rose to ₹1,300.89 crore from ₹987.55 crore.
- Board declared interim dividend of ₹2 per share.
- Company infused ₹459.50 crore as unsecured loan into JV Hotel Horizon Private Ltd.
Why this matters
The earnings beat is strong on a year-on-year basis, but the market had already processed the ₹8,109 crore Gurugram bookings earlier in July. The ₹2 dividend yields less than 0.1% on a ₹67,781 crore market cap, routine, not a statement.
What we're watching
- Whether the court halt on fresh allotments at Three Sixty North affects future bookings.
- Any update on the utilisation of the ₹459.50 crore JV loan.
- Guidance on whether Oberoi will sustain this run rate given the high base.
The full read
Oberoi Realty's June quarter net profit doubled to ₹843.51 crore from ₹421.25 crore a year ago, with revenue climbing to ₹1,300.89 crore. Strong. But the market had already priced in the ₹8,109 crore Gurugram bookings from earlier this month. The board declared an interim dividend of ₹2 per share, tiny on a ₹67,781 crore market cap. More notable is a ₹459.50 crore unsecured loan to Hotel Horizon Private Limited, a JV where Oberoi holds a 49.999% stake. The company also granted 18.38 lakh ESOPs during the quarter. A routine earnings release with solid growth, but the next catalyst is whether Gurugram momentum continues.
Questions answered
- How did Oberoi Realty's profit compare with the previous quarter?
- The filing only provides year-over-year comparison. For context, the March 2026 quarter had sales of ₹1,750 crore and net profit of ₹714 crore.
- What is the yield on the ₹2 interim dividend?
- On a market capitalisation of ₹67,781 crore, the dividend yields less than 0.1%, making it a nominal payout for a company with strong cash flows.
- What is the ₹459.50 crore loan to Hotel Horizon Private Limited?
- It is an unsecured loan to a joint venture where Oberoi holds a 49.999% stake. The purpose is not disclosed but likely funds a hotel project.
- Did the market expect these results?
- The results are strong, but the market already had high expectations following the ₹8,109 crore bookings at the Gurugram project disclosed earlier in July.
Oberoi Realty Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on OBEROIRLTY →- 17 Jul 2026 · 3:45 PM IST Oberoi Realty doubles profit to ₹843.51 cr, declares ₹2 dividend
- 1d ago Oberoi Realty's 360 North clocks ₹8,000 cr in gross bookings
- 4d ago Oberoi Realty Q1 profit up 29% to ₹544.71 cr, NCR launch flagged as milestone
- 8d ago Oberoi Realty hires international construction COO with 25+ years
- 12d ago Court halts fresh allotments at Oberoi Realty's Three Sixty North