Net Sales are expected to decrease by 10.3 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 580 crore, according to HDFC Securities.
HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the Real Estate sector. The brokerage house expects Sobha Limited to report net profit at Rs. 49 crore down 3% year-on-year (down 7.3% quarter-on-quarter).
Net Sales are expected to decrease by 10.3 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 580 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.5 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 127 crore.
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