Oberoi Realty has reported a 28% YoY drop in Q1 profit to Rs 421 crore. Revenue declined nearly 30%, while EBITDA margins narrowed to 52.7%. The company declared an interim dividend of Rs 2 per equity share for FY25-26, representing 20% of the face value of Rs 10. Despite near-term weakness, analysts maintain a ‘Buy’ rating with a target of Rs 1,906.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets