Godrej Properties Q2 PAT seen up 138% YoY to Rs. 55.7 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Real Estate sector. The brokerage house expects Godrej Properties to report net profit at Rs. 55.7 crore up 138% year-on-year (139.3% quarter-on-quarter).

Net Sales are expected to increase by 13.2 percent Y-o-Y (up 50 percent Q-o-Q) to Rs. 373 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 280.1 percent Y-o-Y (up 589.4 percent Q-o-Q) to Rs. 89.5 crore.

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