Oberoi Realty Q1 profit rises 29% YoY to Rs 544 crore

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Oberoi Realty reported a 29% year-on-year rise in Q1 profit to Rs 544 crore, up from Rs 421.25 crore a year ago. Total income for the quarter grew to Rs 1,361.69 crore from Rs 1,073.98 crore in the corresponding period last fiscal. The Mumbai-based developer continues to post strong earnings momentum in the real estate sector.