Demonetisation bites: Oberoi Realty's Q3 net profit declines 60%
Vikas Oberoi, Chairman & Managing Director, Oberoi Realty Limited said, "While initially demonetisation did its short-term consequences, we are confident that the sales volume will be more than restored in coming quarters of 2017."
Oberoi's real estate business declined by 71% to Rs 217.60 crore compared to Rs 750.09 crore reported in the similar period of previous year. Photo: Official Website