Oberoi Realty Ltd. reported fourth-quarter net profit of Rs.44.88 crore, while it was Rs.5.39 crore for the quarter ended March 31 last year. Total revenue amounted to Rs.113.12 crore, whereas the company reported Rs.11.19 crore in the corresponding quarter of the preceding year.
For the full year, its stand-alone net profit of Rs.170.57 crore, whereas it was Rs.24.28 crore in 2010. Total revenue totaled Rs.439.52 crore, while the same was at Rs.45.31 crore a year-ago.
On a consolidated basis, the group posted fourth-quarter net profit of Rs.136.66 crore, while it reported Rs.104.99 crore in the year-ago quarter. Total revenue was Rs.295.38 crore, whereas last year it was 173.72 crore.
For the fiscal year, its consolidated net profit of Rs.517.18 crore, whereas it was Rs.458.18 crore in 2010. Total revenue totaled Rs.1,058.77 crore, while the same was at Rs.805.50 crore a year-ago
Considering the nature of the business carried on by the company whereby revenues do not necessarily accrue evenly over the projects period, the revenue of the quarter/year may not be strictly comparable with the results of the corresponding quarter/year, the company said.
The company said its board recommended a dividend of 10 percent or Re.1.00 per equity shares of Rs.10 for the fiscal year 2011. The payment of dividend will commence on July 5 and be completed on or before July 13.
At the BSE, Oberoi Realty closed Wednesday's trading at Rs.256.70, up by 3.93 percent from the previous close.
For the full year, its stand-alone net profit of Rs.170.57 crore, whereas it was Rs.24.28 crore in 2010. Total revenue totaled Rs.439.52 crore, while the same was at Rs.45.31 crore a year-ago.
For the fiscal year, its consolidated net profit of Rs.517.18 crore, whereas it was Rs.458.18 crore in 2010. Total revenue totaled Rs.1,058.77 crore, while the same was at Rs.805.50 crore a year-ago
Considering the nature of the business carried on by the company whereby revenues do not necessarily accrue evenly over the projects period, the revenue of the quarter/year may not be strictly comparable with the results of the corresponding quarter/year, the company said.
The company said its board recommended a dividend of 10 percent or Re.1.00 per equity shares of Rs.10 for the fiscal year 2011. The payment of dividend will commence on July 5 and be completed on or before July 13.
At the BSE, Oberoi Realty closed Wednesday's trading at Rs.256.70, up by 3.93 percent from the previous close.
