Oberoi Realty : Q1 2024 Financial Quarterly Report : YoY Sales Up 54.42 %, QoQ Up 6.87 %

The comprehensive analytics outlining the performance and outlook of Oberoi Realty Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Oberoi Realty Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 54.42 %. However, it did see a marginal increase of 6.87 % from the previous quarter. Expenses ticked up slightly by 13.49 % quarter-on-quarter, aligning with the annual rise of 35.27 %. Operating profit, while up 72.05 % compared to last year, faced a quarter-on-quarter increase of 2.55 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.94 %, but a shrinkage of -2.45 % sequentially. Other income fell by -84.17 % compared to the last quarter, despite an annual growth of 54.23 %. Interest expenses surged remarkably by 334.93 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.29 %. Depreciation costs fell by -64.35 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 78.58 %. Profit before tax grew annually by 81.84 % but saw a reduction from the preceding quarter by -20.21 %.
Tax expenses as a percentage of profits increased slightly by 0.01 % compared to last year, with a more notable quarter-on-quarter increase of 5.73 %. Net profit rose by 81.73 % year-on-year but witnessed a -25.83 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 81.69 % but a quarterly fall of -25.8 %. In summary, Oberoi Realty Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Oberoi Realty Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 54.42 % year-on-year growth, however, there was a minor increase of 6.87 % from the previous quarter. Expenses rose by 35.27 % compared to the previous year, with a 13.49 % increase quarter-on-quarter. Operating Profit surged by 72.05 % annually, and saw a 2.55 % increase from the last quarter.
Net Profit showed yearly increase of 81.73 %, and experienced a -25.83 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 81.69 % annually, however dipped by -25.8 % compared to the last quarter. In essence, while Oberoi Realty Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.