Oberoi Realty Q3 PAT may dip 19.1% to Rs 70 cr: HDFC Securities

Net Sales are expected to decrease by 12.7 percent Q-o-Q (down 71.8 percent Y-o-Y) to Rs 220 crore, according to HDFC Securities.

January 17, 2017 / 16:51 IST

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HDFC Securities has come out with its third quarter (October-December) earnings estimates for the Real Estate sector. The brokerage house expects Oberoi Realty to report net profit at Rs 70 crore down 19.1% quarter-on-quarter.

Net Sales are expected to decrease by 12.7 percent Q-o-Q (down 71.8 percent Y-o-Y) to Rs 220 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 15.2 percent Q-o-Q (down 67.4 percent Y-o-Y) to Rs 110 crore.

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first published: Jan 17, 2017 01:46 pm

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