Moneycontrol
Jan 13, 2017 05:32 PM IST IST | Source: Moneycontrol.com

Brigade Enterprises Q3 PAT may dip 32.3% to Rs 19 cr: Edelweiss

Net Sales are expected to decrease by 12 percent Q-o-Q (down 22 percent Y-o-Y) to Rs 396.2 crore, according to Edelweiss.


Edelweiss has come out with its third quarter (October-December) earnings estimates for the Real Estate sector. The brokerage house expects Brigade Enterprises to report net profit at 19.4 crore down 32.3% quarter-on-quarter.


Net Sales are expected to decrease by 12 percent Q-o-Q (down 22 percent Y-o-Y) to Rs 396.2 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.6 percent Q-o-Q (down 14.4 percent Y-o-Y) to Rs 114.9 crore.

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