'Consolidated net sales (including other operating income) of Oberoi Realty for the quarter ended Sep 2023 has increased 76.80% to Rs 1217.41 crore. Operating profit margin has jumped from 45.08% to 52.42%, leading to 105.58% rise in operating profit to Rs 638.21 crore. Employee cost decreased from 2.93% to 2.32%. Other expenses fell from 53.24% to 33.87%. Other direct service cost fell from 50.10% to 28.12%. Other income rose 13.75% to Rs 26.39 crore. PBIDT rose 99.20% to Rs 664.6 crore. Provision for interest rose 55.58% to Rs 56.49 crore. PBDT rose 104.52% to Rs 608.11 crore. Provision for depreciation rose 12.54% to Rs 11.31 crore. Profit before tax grew 107.74% to Rs 596.80 crore. Share of profit/loss was 97.92% lower at Rs 2.09 crore. Provision for tax was expense of Rs 142.13 crore, compared to Rs 69.24 crore. Effective tax rate was 23.73%...
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