Oberoi Realty reports 48% decline in Q3 net profit at Rs 360 crore

Realty developer Oberoi Realty reported a 48% YoY decline in consolidated net profit for the quarter ended December at Rs 360.02 crore. The total consolidated income for the quarter also fell 34% to Rs 1,082.85 crore. Despite the challenges, the new tower in Elysian at Oberoi Garden City in Mumbai's Goregaon recorded a gross booking value of Rs 882 crores for over 2.20 lakh sq ft carpet area.

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