Brigade Enterprises Q4 PAT may dip 7% to Rs 30 cr: HDFC Securities

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.

April 22, 2017 / 15:10 IST

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HDFC Securities has come out with its fourth quarter (January-March) earnings estimates for the Real Estate sector. The brokerage house expects Brigade Enterprises to report net profit at 30 crore down 7% quarter-on-quarter.

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.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.1 percent Q-o-Q (up 21.6 percent Y-o-Y) to Rs 140 crore.

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first published: Apr 22, 2017 03:10 pm

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