- Oberoi Realty reported a net income of 5.85 billion rupees for the first quarter, which is an impressive 82% increase year-over-year.
- This net income surpassed analysts’ estimates, which were 5.09 billion rupees.
- Revenue for the quarter reached 14.1 billion rupees, marking a 55% rise compared to the previous year.
- Revenue also beat estimates, which were projected at 12.16 billion rupees.
- Total costs for the quarter increased by 31% year-over-year, amounting to 6.69 billion rupees.
- Despite the positive financial results, Oberoi Realty shares fell by 2.7%, closing at 1,671 rupees with 1.04 million shares traded.
- Current analyst ratings for Oberoi Realty include 9 buys, 7 holds, and 7 sells.
A look at Oberoi Realty Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for Oberoi Realty LTD., the company seems to be in a solid position based on its Smartkarma Smart Scores. With a score of 4 for Growth, Resilience, and Momentum, Oberoi Realty appears to have positive prospects for expansion, stability, and market performance. This indicates that the company is well-positioned for future growth and has the ability to adapt to market conditions effectively.
Additionally, Oberoi Realty received a score of 3 for both Value and Dividend. While these scores are not the highest, they still indicate a moderate level of value and dividend potential within the company. Overall, Oberoi Realty‘s focus on premium real estate developments in Mumbai, along with its diversified portfolio catering to upper-income segments, suggests a promising trajectory for the company’s long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
