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Oberoi Realty soars over 3% after sales bookings double to Rs1,965cr in Q3

The Mumbai-based realty company sold 371 units during the last quarter against 234 units a year ago.

January 10, 2022 2:48 IST | India Infoline News Service
Oberoi Realty Limited reported an over two-fold jump in its sales bookings at Rs1,965cr for the third quarter ended December 31, 2021, compared to Rs971cr during the same quarter of last fiscal, on higher demand.

The Mumbai-based realty company sold 371 units during the last quarter against 234 units a year ago. The company shared a summary of bookings for the third quarter of this financial year on a consolidated basis in a regulatory filing on Friday.

During the first nine months of FY22, the company’s sales bookings jumped 124% to Rs2,964cr from Rs1,323cr in the same period of last fiscal. It sold 610 units during the April-December period of 2021-22 as against 284 units in the same period of the last fiscal, the report added.

At around 2.50 pm, Oberoi Realty Ltd was trading at Rs940.40 per piece up by Rs29.9 or 3.28% from its previous closing of Rs910.50 per piece on the BSE. The scrip opened at Rs945 and has touched a high and low of Rs949.20 and Rs925 respectively.

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