Oberoi Realty Q4 Results: Net profit tanks 45% YoY to ₹433 crore over higher land acquisition cost; dividend announced

Oberoi Realty Q4 Results: Net profit tanks 45% YoY to ₹433 crore over higher land acquisition cost; dividend announced

Oberoi Realty's net profit plummeted 45 per cent to ₹433 crore as the company's land acquisition costs skyrocketed with a fall in revenues for the Jan-Mar quarter. The real estate developer also announced its fourth interim dividend issue for the FY2024-25.