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Healthy double-digit sequential growth is expected in both revenue and earnings for the sector while softening input costs drive margin expansion.
Net Sales are expected to increase by 148.4 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 951 crore, according to ICICI Direct.
Net Sales are expected to increase by 22.6 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 970 crore, according to ICICI Direct.
Although overall earnings growth is expected to be strong, analysts expect it to be driven by a handful of sectors.
Net Sales are expected to increase by 118.9 percent Y-o-Y (down 43.8 percent Q-o-Q) to Rs. 445 crore, according to ICICI Direct.
Net Sales are expected to increase by 21.7 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 672 crore, according to ICICI Direct.
Net Sales are expected to increase by 8.3 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 756.9 crore, according to ICICI Direct.
Net Sales are expected to increase by 59.7 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 692.3 crore, according to ICICI Direct.
According to the research firm, during 4QFY19E, aggregate revenue will grow 11.2 percent, EBIDTA at 32.8 percent and APAT will grow at 28.1 percent YoY.
Net Sales are expected to increase by 81.1 percent Y-o-Y (down 7.1 percent Q-o-Q) to Rs. 768 crore, according to HDFC Securities.
Net Sales are expected to increase by 30.7 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 634 crore, according to HDFC Securities.
Brigade Enterprises posted a good set of earnings in Q3. The EBITDA was higher due to lower costs, the revenues fell but overall their sales volumes were not too bad. In an interview to CNBC-TV18, MR Jaishankar, CMD of Brigade spoke about the results and his outlook for the company.
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.
In an interview to CNBC-TV18, MR Jaishankar, CMD of Brigade Enterprises spoke about the results and his outlook for the company.
Net Sales are expected to decrease by 7.7 percent Q-o-Q (up 4.7 percent Y-o-Y) to Rs 520 crore, according to HDFC Securities. Brigade Enterprises to report net profit at 30 crore down 7% quarter-on-quarter.
Brigade Enterprises expects the infrastructure status awarded to affordable housing in Budget to pump up sales in the April-June quarter.
Net Sales are expected to decrease by 4.7 percent Q-o-Q (down 15.5 percent Y-o-Y) to Rs 430 crore, according to HDFC Securities.
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.
Brigade Enterprises reported a lackluster first quarter with a 5.4 percent growth in revenue to Rs 459 crore and operating margins coming at 25.6 percent as against 24.4 percent year-on-year (Y-o-Y). The company‘s profit after tax (PAT) fell 22 percent to Rs 20.1 crore.
A number of large companies have posted results since the earnings season started Thursday last week.
Suresh Kris, Chief Financial Officer of Brigade Enterprises told CNBC-TV18 that the company is hopeful of clocking 30-35 percent growth in topline and bottomline in FY17.
The company saw average realisations of 5900 square feet (sq ft) in the nine months of FY16 said Suresh Kris, CFO of Brigade Enterprises.
Brigade Enterprises reported a significant increase in its net profit at Rs 41 crore, but its company's Q2 revenue was down 11 percent at Rs 249 crore versus Rs 280 crore.
MR Jaishankar CMD, Brigade Enterprises, discusses the company's fourth quarter earnings in FY15 and its future outlook.
Suresh Kris, chief financial officer, Brigade Enterprises says the company's Q3 numbers were strengthened by its Cosmopolis Phase I project that hit revenue recognition in Q3.