Oberoi Realty Ltd News Today

The Elysian project has been designed to provide luxury urban residences, accompanied by bird's-eye views of the city as Mumbai's energetic city life

EBITDA margin dipped to 53.7% reflecting a dent in profitability levels from 60% in this quarter last year.

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In the second quarter, EBITDA increased by 27.5% to ₹813.8 Crore, with an EBITDA margin of 61.7%, up from 52.4% the year before.

Oberoi Realty announced last week that its board of directors has authorised a proposal to raise up to ₹6,000 Crore.

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In a meeting on Thursday, the board approved this fundraising initiative, which will include the issuing of equity shares.

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