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Q2 Results: Oberoi Realty profit rises with dividend, Tejas Networks loss widens.
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CNBC Awaaz•16-10-2026, 21:39
Q2 Results: Oberoi Realty profit rises with dividend, Tejas Networks loss widens.
- •Oberoi Realty's net profit for the September quarter increased by 0.2 percent year-on-year to Rs 761.7 crore.
- •The company's revenue fell by 6.1 percent to Rs 1,671 crore, while the EBITDA margin improved from 57 percent to 61 percent.
- •The board announced a second interim dividend of Rs 2 per share for the financial year 2026-27 with October 23 as the record date.
- •Tejas Networks reported a wider consolidated loss of Rs 207 crore compared to the previous quarter, while sales remained flat at Rs 402 crore.
Key Questions Answered
Oberoi Realty reported a slight 0.2 percent year-on-year increase in its net profit to Rs 761.7 crore for the September quarter. However, the company's revenue declined by 6.1 percent to Rs 1,671 crore compared to the same quarter last year.
Oberoi Realty's board announced a second interim dividend of Rs 2 per equity share, which is 20 percent of the face value of Rs 10, for the financial year 2026-27. The record date for determining eligible shareholders is October 23, and dividend payments will begin on October 30.
Tejas Networks recorded a widened consolidated loss of Rs 207 crore compared to the previous quarter. Meanwhile, the company's consolidated sales remained flat at Rs 402 crore.
