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KR Choksey has come out with its earnings estimates on Sobha Developers for September quarter FY13. According to the research firm, the company's Q2FY13 sales are likely to go up by 35% at Rs 440 crore, Year-on-Year (YoY) basis.
KR Choksey has come with its September quarterly earning estimates for real estate sector. According to the research firm, thigh debt levels, falling absorptions and high inventory remain a challenge for the sector. DLF and Sobha Developers have rallied by 10-15% in recent months.
In an interview with CNBC-TV18, JC Sharma, VC of Sobha Developers said the company is hopeful about sustaining the current margins and maintains its sales guidance of Rs 2,000 crore for FY13.
The Bangalore-based Sobha Developers will declare its results for the April-June quarter of financial year 2012-13 today. Analysts on an average expect the profit after tax to grow by 68% year-on-year to Rs 52 crore during the quarter.
Emkay Global Financial Services has come with its June quarterly earning estimates for real estate sector. According to the research firm, Real Estate Q1FY13 results are expected to be mix.
Real estate company Sobha Developers is expected to report a growth of 14.6% quarter-on-quarter in its profit after tax of Rs 45.97 crore for the quarter ended March 2012, according to CNBC-TV18 poll.
Sobha Developers is to announce its fourth quarter results. According to CNBC-TV18‘s the company‘s Q4FY12 net sales seen up 6% at Rs.364.8 crore versus Rs.344.4 crore.
In an exclusive interview to CNBC-TV18, the managing director of Sobha Developers, JC Sharma, says that they hope to bring down the debt on their books to Rs 1,100 crore in this quarter.
Sobha Developers is likely to post a profit after tax of Rs 45.44 crore in the third quarter of FY12, degrowth of 7.3% as compared to Rs 49 crore in a year ago quarter.
KRChoksey has come with its quarterly earning estimates for real estate sector.
In an exclusive interview with CNBC-TV18, JC Sharma, the managing director of Sobha Developers talks about his company's first quarter performance. He also elaborates on their future plans.
The April-June quarter is unlikely to spell any cheer for real estate companies, whose stocks have been underperforming the market for a while now. Soaring interest rates have hit real estate companies on two fronts: it has pushed up their borrowing costs and at the same time, prompted many potential buyers to defer their purchases.
Sobha Developers is to announce its fourth FY11 results. According to CNBC-TV18 estimates, the company's January-March quarter revenues are seen down 2% to Rs 355.61 crore as against Rs 362.9 crore, quarter-on-quarter, QoQ.
KRChoksey has come out with its earning estimates on Real Estate sector for the quarter ended March 2011. According to the research firm, Sobha Developers March quarter sales are expected to go down by 9% at Rs 366 crore, year-on-year, (YoY) basis.
Elated on reporting the best quarter in the history, Sobha Developers has robust plans for expansion, reports CNBC-TV18.
Sobha Developers is going to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go down at Rs 45 crore in Q3FY11 as against Rs 58.9 crore in previous quarter.
KRChoksey has come out with its earning estimates on real estate sector for the quarter ended December 2010. According to the research firm, Sobha Developers December quarter sales are expected to go up by 68% to Rs 515 crore, Year-on-Year, (Y-o-Y) basis.