Oberoi Realty Announces Second Interim Dividend as Q2 Profit Rises

Oberoi Realty has declared a second interim dividend of two rupees per share for the financial year twenty-twenty-seven, alongside its latest financial results.

Financial Results

The board of directors announced the dividend payout during a meeting on October 16, 2026. October 23 has been set as the record date to decide which shareholders are eligible for the cash reward. The payment will start on October 30, 2026. For the September quarter, the company posted a consolidated net profit of 761.65 crore rupees, a small rise from 760.26 crore rupees in the same period last year. Total income dropped 6 percent to 1,736.37 crore rupees compared to 1,844.84 crore rupees in the previous fiscal period. Lower expenses of 744.94 crore rupees helped the firm record this profit growth.

Context

Companies often share a part of their earnings with shareholders through regular dividend payouts. Record dates are crucial deadlines used by firms to confirm who owns the stock and qualifies to receive these corporate benefits.