Oberoi Realty posted an encouraging set of numbers for Q4 and FY15. On a 56% (YoY) jump in consolidated total income at Rs.345 crore, the company posted a healthy 34% rise in net profit at Rs.103 crore. The rise in EBITDA was pretty good at 42% at Rs.179 crore though the margins showed a dip from 58.36% to 52.43%.  Total area booked during Q4FY15 was 7.78 lakh sqft v/s 0.48 lakh sq.ft in Q4FY14. And the total value was Rs.1,232 crore Rs.112 crore (YoY).

The company ended FY15 with a consolidated revenue of Rs.940 crore v/s Rs.855 crore and net profit was at Rs.317 crore v/s Rs.311 crore. The company’s net debt stands at around Rs.690 crore.

The company launched two-luxury residential projects in Mulund, Mumbai , spread across nine acres. The Eternia project has 1000 units while Enigma has 600. The company has stated that both have reported good sales and in current fiscal, sometime around June, the company plans to launch its Borivali project, a 25-acre land parcel. Its project in Worli – Oberoi Oasis, a JV, it’s a mixed-project with both residential and commercial/hospitality. It has so far developed over 36 projects at strategic locations across Mumbai aggregating about 6.5 million sqft of space. Another 24 million sqft projects are under various stages of development.