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Brigade Enterprises Q1 PAT seen up 2.6% YoY to Rs. 64.7 cr: 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.

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Representative image: Pixabay
Representative image: Pixabay
 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Real Estate sector. The brokerage house expects Brigade Enterprises to report net profit at Rs. 64.7 crore up 2.6% year-on-year (up 8.5% quarter-on-quarter).


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.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.9 percent Y-o-Y (down 0.9 percent Q-o-Q) to Rs. 213.5 crore.


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First Published on Jul 10, 2019 06:21 pm
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