Godrej Properties Q4 PAT seen down 17% at Rs 250cr
Godrej Properties to announce its fourth quarter FY13 results today. According to CNBC-TV18 estimates, the company's revenues are likely to go down by 28.60 percent to Rs 250 crore from Rs 350.21 crore in the same quarter last year.
Godrej Properties, India's premier real estate company dealing in residential and commercial properties will announce its fourth quarter FY13 results today. According to CNBC-TV18 estimates, the company's revenues are likely to go down by 28.60 percent to Rs 250 crore from Rs 350.21 crore in the same quarter last year.
The company's bottomline may also take a hit of 17 percent and slump to Rs 33 crore from Rs 39.8 crore, a year ago.Its EBITDA is seen at Rs 65.2 crore versus Rs 79 crore and the operating profit margins at 26.6 percent as against 22.5 percent, year-on-year (Y-o-Y).The stock has been very volatile in the last six-eight months, the share touched its 52-week low of Rs 482 on August 02, 2012 and now trading around Rs 615, which is 28 percent above its 52-week low. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
