PressRelease:

Forimmediateissue

OBEROIREALTYANNOUNCESQ1FY17RESULTS

HIGHLIGHTSofConsolidatedFinancialsforQ1FY17

RevenueforQ1FY17atRs.330crore.

ProfitBeforeTax(PBT)forQ1FY17atRs.163crore.

ProfitAfterTax(PAT)forQ1FY17atRs.107crore.

ImplementationofINDAS

TheresultsforthequarterendedJune30,2016areaspertheIndianAccountingStandards
applicablefromApril01,2016.TheresultsforthequarterendedJune30,2015havebeen
recasttofacilitatecomparison.

Mumbai, August 19th, 2016 Oberoi Realty Limited, headquartered in Mumbai, today
announceditsresultsforthefirstquarterofFY17.TheCompanyhasrecordedConsolidated
RevenueofRs.330croreforQ1FY17asagainstRs.219croreforQ1FY16.

TheConsolidatedProfitBeforeTaxforQ1FY17wasRs.163croreasagainstRs.122crorefor
Q1FY16.

TheConsolidatedProfitAfterTaxforQ1FY17wasRs.107croreasagainstRs.81crorefor
Q1FY16.

TheaggregateareabookedforQ1FY17was1.47lakhsqftasagainst0.81lakhsqftbooked
inQ1FY16.

TheorderbookstandsatRs3,993croreasagainstRs2,705croreattheendofQ1FY16.

Commenting on the results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi
Realty Limited said, Major policy and process changes along with the governments Easeof
DoingBusiness initiative and focus on fasttracking of the approval process, have brought in fresh
optimismtothemarketsandhavebeenmajorenablersforthesector.Thelongpendingclearanceof
GST coupled with an excellent monsoon this year will bring a positive outlook for the entire Indian
economy.Ourexistingdevelopmentswillgainadditionalconnectivitywiththeconstructionoffurther
Metrolinesacrossthewesternandthecentralcorridor.Withtheseencouragingpropositionsanda
healthyprojectpipelineacrosskeylocationsinMumbai,wewillcontinuetofocusoncreatingvalue
forourcustomersandotherstakeholdersinthefuture.

PressRelease:
Forimmediateissue

Awards:

OberoiMallwinsImagesMostAdmiredShoppingCentreoftheYearMarketing
andPromotions(West)2016attheIMAGESShoppingCentreAwards2016
OberoiMallwinsShoppingCentreoftheyearawardattheGoldenGlobeTiger
Awards2016KaulaLumpur
OberoiMallwinsShoppingCentreoftheyearMetro(West)attheNationalAwards
ofExcellence2016

AboutOberoiRealtyLimited
OberoiRealtyLtd.isIndiasleadingrealestatedevelopmentcompany,headquarteredinMumbai,focusedon
premium developments in the residential, office space, retail, hospitality and social infrastructure verticals.
OberoiRealtyhasanestablishedbrandandatrackrecordintherealestateindustryofdevelopinginnovative
projects through its emphasis on contemporary architecture, strong project execution and quality
construction.OberoiRealtyseekstocreatedestinationdevelopmentsthroughitsinmixeduseandsingle
segment developments. It has a total of 39 completed projects across Mumbai, the commercial capital of
India.Moreinformationaboutthecompanyisavailableonwww.oberoirealty.com

ForwardLookingStatement
Certainstatementsinthisdocumentmaybeforwardlookingstatements.Suchforwardlookingstatementsaresubjectto
certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and
manyotherfactorsthatcouldcauseouractualresultstodiffermateriallyfromthosecontemplatedbytherelevantforward
lookingstatements.OberoiRealtyLimitedwillnotbeinanywayresponsibleforanyactiontakenbasedonsuchstatements
and undertakes no obligation to publicly update these forwardlooking statements to reflect subsequent events or
circumstances.