Sunteck Realty Q2 PAT may dip 55.8% YoY to Rs. 42.4 cr: Edelweiss
Net Sales are expected to decrease by 36.9 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 130 crore, according to Edelweiss.
Edelweiss has come out with its second quarter (July-September) earnings estimates for the Real Estate sector. The brokerage house expects Sunteck Realty to report net profit at Rs. 42.4 crore down 55.8% year-on-year (up 20.6% quarter-on-quarter).
Net Sales are expected to decrease by 36.9 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 130 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 45.5 percent Y-o-Y (down 2.6 percent Q-o-Q) to Rs. 68.9 crore.
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