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Oberoi Realty Q4 profit rises 50% to Rs101.82 crore

LiveMint logoLiveMint 04-05-2017 Bidya Sapam

Mumbai: Real estate developer Oberoi Realty Ltd (ORL) on Thursday said its net profit in the fourth quarter ended March 31 rose by 50% to Rs101.82 crore from the corresponding quarter previous fiscal.

In a filing to the BSE, the company said it has posted a total income of Rs302 crore in the fourth quarter, up 24.7% from Rs242.15 crore.

Shares of Oberoi Realty rose 0.6% to Rs396.30 on BSE, while the exchange’s benchmark Sensex closed at 30,126.21, up 0.77%.

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