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Slow revenue recognition hit Q2 earnings: Prestige Estates

PUBLISHED ON: November 8, 2011 | Duration: 5 min, 51 sec

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Venkata K Narayana, CFO at Prestige Estates expects the sales momentum to continue in the near term. The company is confident of achieving sales guidance at the end of this fiscal. Q2 numbers of the company appear below estimates due to slower revenue recognition.
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