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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, according to CNBC-TV18 estimates.
Revenues too are seen going down at Rs 99.15 crore from Rs 132.9 crore. Earning before interest, tax, depreciation and amortisation (EBIDTA) is likely to go down at Rs 48.03 crore versus Rs 62.7 crore (QoQ).
Q3FY11 expectations
* Launches have been subdued during the quarter, launched phase II of Manesar project
* Rental income from its leased out properties will be sequentially flat at Rs 18.7 crore
* Key monitorables are incremental leasing activity in rental projects and launches of new projects in Gurgaon & Neemrana
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