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In an interview with CNBC-TV18, Amit Sarin Group, Director And CEO, Anant Raj Group talks about the fourth quarter results and future outlook.
Motilal Oswal has come out with its earnings estimates on real estate sector for September quarter FY13. According to the research firm, real estate universe is expected to post a YoY uptick in 2QFY13 sales momentum.
Angel Broking has come with its June quarterly earning estimates for real estate sector. According to the research firm, Mumbai real estate prices have increased significantly over the past few quarters, that too at a much faster rate than other key cities.
Motilal Oswal has come with its March quarterly earning estimates for Real Estate sector. As per the research firm, real estate companies are expected to post revenue de-growth of 14% YoY (up 20% QoQ) and net profit to decline 13% YoY (up 11% QoQ).
Motilal Oswal has come with its December quarterly earning estimates for Real Estate sector. According to the research firm, for Q3FY12, developers are expected to make meaningful progress in some major divestments to handle the liquidity concern.
Angel Broking has come out with its earning estimates on Real Estate sector for the quarter ended September 2011. According to the research firm, Anant Raj Industries September quarter net sales are expected to go down by 15.1% at Rs 113 crore, year-on-year, (YoY) basis.
The April-June quarter is unlikely to spell any cheer for real estate companies, whose stocks have been underperforming the market for a while now. Soaring interest rates have hit real estate companies on two fronts: it has pushed up their borrowing costs and at the same time, prompted many potential buyers to defer their purchases.
Angel Broking has come out with its earning estimates on real estate sector for the quarter ended June 2011. According to the research firm, Anant Raj Industries quarter net sales are expected to go up by 48.3% at Rs 153 crore, year-on-year, (YoY) basis.
The score card is out and it’s been a mixed bag. Amidst inflationary worries and volatile global cues, many bigwigs disappointed this quarter while others came out with flying colours.
Infra company Anantraj Ind is likely to announce dip in net profits at Rs 46.58 crore for quarter-ended March 2011, as per a CNBC-TV18 poll.
Anant Raj Industries is set to report net profit of Rs 37.75 crore for the quarter ended December 2010 as against Rs 48.1 crore in previous quarter.
Angel Broking has come out with its earning estimates on Real Estate sector for the quarter ended December 2010. According to the research firm, Anant Raj Industries December quarter sales are expected to go up by 48.5% at Rs 123 crore, Year-on-Year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on Real Estate sector for the quarter ended December 2010. According to the research firm, Anant Raj Industries quarter sales are expected to go up by 19.1% at Rs 95.4 crore, Year-on-Year, (YoY) basis.