Apr 24, 2012, 06.15 PM IST | Source: CNBC-TV18

Oberoi Realty Q4 PAT seen down 22% at Rs 106 cr

Oberoi Realty is expected to report profit after tax of Rs 106 crore in the fourth quarter of FY12, degrowth of 22% as compared to Rs 136.7 crore in a year ago period, according to CNBC-TV18 poll.

Oberoi Realty is expected to report profit after tax of Rs 106 crore in the fourth quarter of FY12, degrowth of 22% as compared to Rs 136.7 crore in a year ago period, according to CNBC-TV18 poll.   

EBITDA is seen falling 17% YoY at Rs 120 crore. Sales are likely to go down by 22% to Rs 207 crore from Rs 266.8 crore during the same period.

On quarter-on-quarter basis, company's sales are expected to up by 11% and profit after tax by 4%.
 
Key factors:

Lack of new launches will keep sales volume moderate

Oberoi Esquire is expected to reach the revenue recognition threshold in FY13

Revenue booking would be largely driven by Oberoi Splendor, Oberoi Splendor Grande and rental assets (Oberoi Mall, Commerz and Westin (hotel) will offer rental income of Rs 55 crore)

Commentary on Mulund and Worli project launch will be of keen interest (Both were supposedly to be launched in FY12)

READ MORE ON  Oberoi Realty Q4
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