Oberoi Realty Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the year ended March 31, 2025, which forms part of the Company's Annual Report for the same period.
The Company reported a Turnover of ₹ 5,286.27 crore and a Net Worth of ₹ 15,704.87 crore for the financial year. Its Paid-up Capital stood at ₹ 36,360.22 Lakh.
Business activities are primarily Real Estate Development (96.40%) and Hospitality (3.60%), with Construction of buildings contributing 77.70% and Renting of Property 22.30% to turnover.
As of FY 2024-25, the Company employed 1,063 permanent and 12 other than permanent staff in Real Estate Development and Management, and 419 permanent staff in Hospitality. Approximately 14,000 workers were employed at construction sites under contractors.
The Company has established long-term (FY 2030) ESG aspirations and reported performance for FY 2024-25:
Environmental Goals: 87.75% of portfolio is green certified, no net deforestation maintained, 10% reduction in GHG Scope 1 & 2 intensity, 27.27% reduction in water intensity, and net zero waste to landfill achieved.
Social Goals: 23% gender diversity achieved, 7 differently abled persons working, ORL Head Office IGBC Health & Wellbeing certification in progress, camps established at 75% of active sites for social protection of construction workers, and zero fatality achieved across operations.
On grievance redressal for FY 2024-25, 52 complaints from residential project customers and 308 from commercial asset customers were filed, with 0 and 4 pending resolutions respectively. No complaints were reported from communities, investors, employees, or value chain partners.
Mr. Saumil Daru, Director - Finance, stated, "As a leading entity in the Indian real estate sector, and a responsible corporate citizen, we recognize that our growth and development must create value for all our stakeholders. Through our engagement with them, we have identified the need to extend our contribution beyond our fiduciary responsibilities and prioritize sustainable development." He also highlighted the Company's strong performance in external ESG ratings and its commitment to transparent disclosure, employee well-being, and community engagement.