Oberoi Realty Ltd is a real estate development company, headquartered in Mumbai. It is the part of Oberoi Realty Group, focused on developments in the residential, office space, retail, hospitality, and social infrastructure verticals. Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
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Revenue from Operations: ₹1,779 crore, up 34.8% YoY from ₹1,319 crore in Q2 FY25 and up 65.7% QoQ from ₹1,073.9 crore in Q1 FY26.
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Profit After Tax (PAT): ₹760 crore, up 29.3% YoY from ₹589 crore in Q2 FY25 and up 80.5% QoQ from ₹421 crore in Q1 FY26.
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Net Profit Margin: 41.2%, slightly lower than 43.9% in Q2 FY25, primarily due to higher construction and marketing expenses.
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EBITDA: ₹855 crore, up 32% YoY, reflecting improved operational leverage from strong project sales across ready and under-construction inventory.
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EPS: ₹20.91, compared to ₹16.2 YoY.
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Interim Dividend: ₹2 per share declared; record date set for October 21, 2025, payment before November 4, 2025.
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Total Comprehensive Income: ₹764 crore.
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Major Ongoing Projects: Sky City Borivali, Elysian at Oberoi Garden City (Goregaon), and Vasai-Virar developments continue to drive bookings and revenue recognition.
Management Commentary & Strategic Decisions
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Vikas Oberoi (Chairman & Managing Director): Expressed confidence in India’s luxury real estate momentum and reiterated focus on design-led, community-centric urban projects. He noted that sustained demand in Mumbai’s premium segment and better execution pace across residential and commercial projects supported quarterly growth.
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The company’s strong project pipeline, including launches in Borivali and Worli, is expected to maintain growth in FY26-H2.
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Oberoi Realty continues to explore new land acquisitions, entering strategic alliances that support long-term inventory and earnings visibility.
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The company remains bullish on luxury housing and retail developments, with plans to expand the real estate portfolio to include mixed-use and high-margin hospitality assets under the “Westin” and “Oberoi Garden City” banners.
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The board reaffirmed commitment to debt-light operations and regular dividends to enhance shareholder value.
Q1 FY26 Earnings Results
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Revenue from Operations: ₹1,073.98 crore, down from ₹1,213.33 crore in Q4 FY25.
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EBITDA: ₹606.77 crore vs ₹681.26 crore QoQ.
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Profit Before Tax (PBT): ₹506.96 crore vs ₹577.10 crore in Q4 FY25.
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Profit After Tax (PAT): ₹421 crore, down from ₹432.5 crore QoQ.
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Highlights: Driven by strong response to new tower launch at “Elysian, Oberoi Garden City, Goregaon”; high-end residential segment continues to lead with strong pricing and volume traction.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.