ICICI Securities Ltd | Retail Equity Research Oberoi Realty's (ORL) sales volumes declined 3.0% YoY to 1.47 lakh sq ft (lsf) (our estimate: 2.53 lsf), clocking sales value of | 241.6 crore Revenues grew strongly by 48.4% YoY to | 528.6 crore but were marginally below our estimate of | 557.2 crore on account of lower revenues from projects (| 393.9 crore vs. | 431.8 crore expected) EBITDA margins declined 1850 bps YoY to 35.6% (our estimate: 50.0%) on account of higher operating cost...