ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Real Estate & Infrastructure sector. The brokerage house expects Oberoi Realty to report net profit at Rs. 286.1 crore down 0.3% year-on-year (down 38.8% quarter-on-quarter).
Net Sales are expected to increase by 3.1 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 814.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.6 percent Y-o-Y (up 17.9 percent Q-o-Q) to Rs. 390.8 crore.
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