Brigade Enterprises saw low realisations in Q1 and higher expenses hit the margins, but profit and revenue growth was decent.
In an interview to CNBC-TV18, MR Jaishankar, CMD of Brigade Enterprises spoke about the results and his outlook for the company.
Sales volume and value lower due to disruptive market conditions, said Jaishankar.
According to him, sales for real estate companies should improve Q3 onwards.
Brigade Enterprises recently signed a deal for 350,000 square feet of commercial property.
Jaishankar expect improved Q3 and Q4 for FY18.
Watch accompanying video for more details.
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