Friday 15th November 2019,
Radio Metta

quarter

Slowdown hits real estate major Oberoi Realty’s second quarter

Slowdown hits real estate major Oberoi Realty’s second quarter

the slowdown in the real estate sector seems to be impacting the larger players as well contradictory to the expectations of the market. Oberoi realty reported weak earnings in Q2FY20, where the booking value fell 43 percent at Rs 323 crore and sales volume fell 39 percent at 0.14msf compared to the same period last [...]

October 22, 2019 Loknath Das Real Estate Comments Off on Slowdown hits real estate major Oberoi Realty’s second quarter

Apple, Xiaomi Lead Wearables Market in First Quarter of 2018: Canalys

Apple, Xiaomi Lead Wearables Market in First Quarter of 2018: Canalys

HIGHLIGHTS 80 percent of the wearable revenue came from smartwatches Apple and Xiaomi managed to rake in 18 percent sales each 3.8 million Apple Watches were sold in first quarter After a sluggish past, the wearables market is finally seeing a boost with 35 percent rise in overall shipments year on year in the first [...]

May 26, 2018 Loknath Das Technology Comments Off on Apple, Xiaomi Lead Wearables Market in First Quarter of 2018: Canalys

Sales accounted under GST could distort September quarter picture

Sales accounted under GST could distort September quarter picture

Investors are in for a surprise when the September quarter results are declared. This will be the first earnings season post-goods and services tax (GST) and differences in how sales will be recorded now are likely to distort reported growth figures. Companies have cautioned about this in their analyst meets and conference calls. Some may [...]

September 8, 2017 Loknath Das Business Comments Off on Sales accounted under GST could distort September quarter picture

Real estate firms with commercial portfolio scored in December quarter

Real estate firms with commercial portfolio scored in December quarter

December quarter results show rental income from commercial assets is alleviating, at least partially. Residential properties still not up to the mark The mood was sombre in the December quarter among real estate firms. The November ban on old, high-value banknotes affected the real estate sector hugely, given that it is infamous for cash transactions. [...]

March 25, 2017 Loknath Das Real Estate Comments Off on Real estate firms with commercial portfolio scored in December quarter

Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

Although the residential sector is going through a difficult phase, the stakeholders are quite optimistic for the future, especially with regards to sales volume. New Delhi: The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the demonetisation pressure, says a report. [...]

March 15, 2017 Loknath Das Real Estate Comments Off on Realty Sentiment Hits 3-Yr Low In December Quarter On Note Ban

UPL’s India business surprises positively in December quarter

UPL’s India business surprises positively in December quarter

Shares of UPL Ltd, formerly United Phosphorus Ltd, gained 83% in the past one year as the company maintained the growth tempo despite the turbulence in its consumer markets. The December quarter (Q3) has been no different. Revenue and volume are up 18% from a year ago. As has been the case in recent quarters, [...]

January 30, 2017 Saheli Business Comments Off on UPL’s India business surprises positively in December quarter

Upbeat German business morale signals fourth quarter rebound

Upbeat German business morale signals fourth quarter rebound

BERLIN (Reuters) – German business morale rose in December, hitting its highest level since February 2014 and supporting expectations that Europe’s largest economy will rebound in the fourth quarter. The upbeat reading was welcomed by economists as a sign of economic resilience in the face of uncertainties that are clouding the outlook for Germany, including [...]

December 19, 2016 Saheli Uncategorized Comments Off on Upbeat German business morale signals fourth quarter rebound

Banks tightened lending standards for commercial real estate in third quarter: Fed survey

Banks tightened lending standards for commercial real estate in third quarter: Fed survey

Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall, according to a survey of loan officers released on Monday by the Federal Reserve. For households, some banks reported easing lending standards on mortgages eligible for purchase by government-sponsored enterprises and [...]

November 7, 2016 Saheli Real Estate Comments Off on Banks tightened lending standards for commercial real estate in third quarter: Fed survey

Sobha Posts Sales Growth Of 5% In September Quarter

Sobha Posts Sales Growth Of 5% In September Quarter

New Delhi: Realty firm Sobha Ltd’s sales bookings rose by five per cent during the July-September quarter to Rs. 518 crore on increase in volume as well as realisation. The Bengaluru-based firm expects to achieve a sales target of Rs. 2,000 crore this fiscal year. According to a company presentation, it sold 8,55,662 square feet during the July-September quarter of [...]

October 18, 2016 Saheli Real Estate Comments Off on Sobha Posts Sales Growth Of 5% In September Quarter

Investors Real Estate Trust Announces Fiscal 1st Quarter 2017 Earnings Conference Call

Investors Real Estate Trust Announces Fiscal 1st Quarter 2017 Earnings Conference Call

 Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRET PRB) has scheduled a conference call for Friday, September 9, 2016 at 10:00 a.m. Eastern Time to discuss the Company’s first quarter 2017 financial and operating results. IRET’s quarterly report on Form 10-Q for the fiscal first quarter ended July 31, 2016, will be filed [...]

August 26, 2016 Saheli Real Estate Comments Off on Investors Real Estate Trust Announces Fiscal 1st Quarter 2017 Earnings Conference Call

Samsung sees 10% jump in first quarter operating profit

Samsung sees 10% jump in first quarter operating profit

The world’s largest smartphone producer has said its operating profit in the January to March period is expected to reach 6.6 trillion Korean won ($5.6bn; £3.9bn). For the same quarter in 2015, Samsung’s operating profit was at 6tn won. The improved outlook comes amid reports of strong sales of its latest flagship smartphone models, the [...]

April 7, 2016 Saheli Business Comments Off on Samsung sees 10% jump in first quarter operating profit