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Edelweiss has come out with its third quarter (October-December) earnings estimates for the Real Estate sector. The brokerage house expects Oberoi Realty to report net profit at 76.1 crore down 9.4% quarter-on-quarter.
Net Sales are expected to decrease by 10 percent Q-o-Q (down 71 percent Y-o-Y) to Rs 226.8 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.3 percent Q-o-Q (down 64 percent Y-o-Y) to Rs 117.9 crore.
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