Oberoi Realty Limited reported a consolidated net profit of ₹54,351 lakh for the quarter ended June 30, 2026, a decrease from ₹70,328 lakh in the preceding quarter. Revenue from operations for the period stood at ₹1,30,089 lakh, compared to ₹1,74,983 lakh in the quarter ended March 31, 2026. The company's board approved the unaudited financial results and declared an interim dividend of ₹2 per equity share for the financial year 2026-27.

The total income for the quarter was ₹1,36,169 lakh, down from ₹1,82,371 lakh in the previous quarter. Total expenses for Q1FY26 were reported at ₹65,417 lakh. The profit before tax for the quarter stood at ₹71,164 lakh. The basic earnings per share (EPS) for the period was ₹14.95.

Segment Performance

The real estate segment contributed the majority of the revenue, reporting ₹1,25,402 lakh for the quarter ended June 30, 2026. The hospitality segment reported revenue of ₹4,687 lakh during the same period. Total segment expenses were recorded at ₹55,271 lakh, with real estate expenses accounting for the largest share.

Corporate Developments

During the quarter, the Nomination and Remuneration Committee approved the grant of 18,38,837 employee stock options under the Oberoi Realty Employee Stock Option Scheme, 2025, with an exercise price of ₹1,650 per option. The company recognized an employee stock option expense of ₹505 lakh for the quarter.

Oberoi Realty incorporated Centerstage Realty Private Limited as a wholly owned subsidiary on June 2, 2026, and subscribed to ₹26,850 lakh of its equity share capital on June 9, 2026. Additionally, the company redeemed ₹8,300 lakh from Series 1 NCDs and ₹8,500 lakh from Series 2 NCDs during the quarter.

The Board of Directors, in its meeting held on July 17, 2026, approved the unaudited consolidated and standalone financial results. The trading window will open effective July 20, 2026.

Oberoi Realty has appointed Mr. Stuart McConnachie as Chief Operating Officer - Construction effective July 13, 2026. The appointment is contractual in nature and subject to the company's employment policy. This strategic move aims to bolster the company's construction and project execution capabilities with senior leadership expertise.

McConnachie brings over 25 years of international experience delivering large-scale residential, retail, hospitality, and mixed-use developments. His expertise spans stakeholder management, strategic leadership, project planning and execution, design management, contract administration, construction management, and project controls.

Profile of Stuart McConnachie

A seasoned Civil Engineer, McConnachie is a Member of the Institution of Civil Engineers (MICE) and Member of Chartered Management Institute (MCMI). His extensive background in managing complex projects aligns with Oberoi Realty's focus on high-quality development.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.