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Oct 13, 2017 12:54 PM IST | Source: Moneycontrol.com

Brigade Enterprises Q2 PAT seen up 55.5% YoY to Rs. 44.5 cr: Edelweiss

Net Sales are expected to increase by 29.4 percent Y-o-Y (up 5 percent Q-o-Q) to R.s 582.8 crore, according to Edelweiss.

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Real Estate sector. The brokerage house expects Brigade Enterprises to report net profit at Rs. 44.5 crore up 55.5% year-on-year (40.4% quarter-on-quarter).


Net Sales are expected to increase by 29.4 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 582.8 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 17.9 percent Y-o-Y (up 20 percent Q-o-Q) to Rs. 151.5 crore.


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