Jan 13, 2017 05:31 PM IST IST | Source: Moneycontrol.com

DLF Q3 PAT may dip 56.1% to Rs 87.8 cr: Edelweiss

Net Sales are expected to decrease by 10 percent Q-o-Q (down 34.1 percent Y-o-Y) to Rs 1863.6 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 DLF to report net profit at 87.8 crore down 56.1% quarter-on-quarter.

Net Sales are expected to decrease by 10 percent Q-o-Q (down 34.1 percent Y-o-Y) to Rs 1863.6 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.8 percent Q-o-Q (down 31.6 percent Y-o-Y) to Rs 838.6 crore.

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