Edelweiss has come out with its third quarter (October-December) earnings estimates for the Real Estate sector. The brokerage house expects Godrej Properties to report net profit at 51.4 crore up 119.6% quarter-on-quarter.
Net Sales are expected to increase by 18.4 percent Q-o-Q (down 7.6 percent Y-o-Y) to Rs 390.1 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 198.2 percent Q-o-Q (down 12.4 percent Y-o-Y) to Rs 70.2 crore.
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