Oberoi Realty Q4 PAT seen up 12.4% YoY to Rs. 114.4 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Real Estate sector. The brokerage house expects Oberoi Realty to report net profit at Rs. 114.4 crore up 12.4% year-on-year (down 4.8% quarter-on-quarter).

Net Sales are expected to increase by 17.4 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 336.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.2 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 183.6 crore.

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