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Consolidated net sales (including other operating income) of Oberoi Realty for the quarter ended Dec 2023 has declined 35.34% to Rs 1053.64 crore. Operating profit margin has declined from 57.71% to 48.34%, leading to 45.83% decline in operating profit to Rs 509.36 crore. Employee cost increased from 1.02% to 1.19%. Other expenses rose from 49.76% to 76.76%. Other direct service cost rose from 48.21% to 74.90%. Other income rose 32.53% to Rs 29.21 crore. PBIDT fell 44.04% to Rs 538.57 crore. Provision for interest rose 31.43% to Rs 50.06 crore. PBDT fell 47.15% to Rs 488.51 crore. Provision for depreciation rose 11.69% to Rs 11.37 crore. Profit before tax down 47.80% to Rs 477.14 crore. Share of profit/loss was 84.83% lower at Rs 2.19 crore. Provision for tax was expense of Rs 119.18 crore, compared to Rs 226.01 crore. Effective tax ra...
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