DLF Q2 PAT may dip 57.7% YoY to Rs. 84.7 cr: Edelweiss
Net Sales are expected to decrease by 6.1 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 1945.3 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 DLF to report net profit at Rs. 84.7 crore down 57.7% year-on-year (down 24.3% quarter-on-quarter).
Net Sales are expected to decrease by 6.1 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 1945.3 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 16.1 percent Y-o-Y (down 5.2 percent Q-o-Q) to Rs. 855.9 crore.
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