Annual Report for FY2024-25 and notice of AGM to be held on July 2, 2025 through Video Conferencing/ Other Audio Visual Means
Awaiting price reaction for this filing.
Oberoi Realty Limited has submitted its Annual Report for FY2024-25 along with the notice of its 27th Annual General Meeting scheduled for July 2, 2025, to be held via video conferencing. On a consolidated basis, total revenue grew 13.6% to ₹5,47,418 lakh, profit before tax rose 19% to ₹2,94,490 lakh, and total comprehensive income increased 15.5% to ₹2,22,405 lakh. Standalone revenue jumped 25.9% to ₹4,55,807 lakh. The Board declared total dividends of ₹8 per share (80%) for FY25, same as last year. Key developments during the year included the acquisition and amalgamation of Nirmal Lifestyle Realty Pvt Ltd, a ₹1,25,000 lakh investment by Alpha Wave Ventures in JV company I-Ven Realty, and raising ₹1,50,000 lakh through non-convertible debentures.
The filing is a routine regulatory submission of the annual report and AGM notice, but it confirms strong YoY profit growth, stable dividends, and active portfolio expansion through acquisitions and new launches. Shareholders should watch for the AGM voting items, including reappointment of director Saumil Daru and ratification of auditor remuneration, while the FY25 results reinforce the company's growth trajectory in Mumbai's luxury real estate market.