Oberoi Realty Q1 PAT seen up 209.8% YoY to Rs. 283.1 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Real Estate sector. The brokerage house expects Oberoi Realty to report net profit at Rs. 283.1 crore up 209.8% year-on-year (up 98.2% quarter-on-quarter).

Net Sales are expected to increase by 206.7 percent Y-o-Y (up 133.4 percent Q-o-Q) to Rs. 799.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 214.8 percent Y-o-Y (up 132.8 percent Q-o-Q) to Rs. 426.8 crore.

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