[ad_1]
representative imageNew Delhi: oberoi realty entered into an MoU with NRB Bearings (NRB) to acquire about 25,700 square meters (about 6.4 acres) of land (as per title deed) located in Pokhran Road 2, Thanethe company said in a BSE filing.
The company has also paid the partial consideration amount to NRB, and the balance amount will be paid on and/or before the closing of the transaction.
The above land is adjacent to the existing land owned by the company, measuring approximately 2,72,344 square meters (about 68 acres), it said in the regulatory filing.
The company recently reported a 106.71 per cent increase in its consolidated net profit during the quarter ended March 31, 2023. Its profit after tax in Q4FY23 stood at Rs 480.29 crore as against Rs 232.35 crore in the previous quarter. Fiscal.
Its net consolidated total income stood at Rs 995.11 crore, a growth of 18.05 per cent over Rs 842.94 crore reported in the same quarter last year.
[ad_2]
Source link