Oberoi Realty features after robust gross sales bookings in Q3

Oberoi Realty gains after strong sales bookings in Q3

Oberoi Realty rose 1.88% to Rs 927.15 after the Mumbai-based realty developer reported robust gross sales numbers in Q3 December 2021.

On a consolidated foundation, Oberoi Realty’s gross sales reserving worth surged 102.37% to Rs 1,965 crore throughout the October-December quarter from Rs 971 crore within the year-ago interval. It bought 371 items over the past quarter towards 234 items a 12 months in the past, up 58.55% year-on-year.

Throughout the first 9 months of 2021-22, the corporate’s gross sales bookings jumped 124.04% to Rs 2,964 crore from Rs 1,323 crore within the year-ago interval. It bought 610 items throughout the April-December interval of 2021-22 as towards 284 items in the identical interval of the final fiscal, a rise of 114.79% YoY.

On a consolidated foundation, internet revenue of Oberoi Realty rose 93.55% to Rs 266.59 crore on 138.64% enhance in internet gross sales to Rs 754.25 crore in Q2 September 2021 over Q2 September 2020.

Oberoi Realty is India’s main actual property growth firm. It’s centered on premium developments within the residential, workplace house, retail, hospitality, and social infrastructure verticals.

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(This story has not been edited by Enterprise Commonplace workers and is auto-generated from a syndicated feed.)

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