Oct 14, 2016 04:56 PM IST IST | Source: Moneycontrol.com

Adani Port and SEZ Q2 PAT seen down 16% at Rs 702 cr: Kotak Sec.

Net Sales are expected to increase by 3.7 percent Q-o-Q (up 2.8 percent Y-o-Y) to Rs 1894.5 crore, according to Kotak Securities.

Kotak Securities has come out with its second quarter (July-September) earnings estimates for the Infrastructure sector. The brokerage house expects Adani Port and SEZ to report net profit at Rs 701.9 crore, down 16 percent quarter-on-quarter.

Net Sales are expected to increase by 3.7 percent Q-o-Q (up 2.8 percent Y-o-Y) to Rs 1894.5 crore, according to Kotak Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.8 percent Q-o-Q (down 0.2 percent Y-o-Y) to Rs 1203 crore.

Kotak Securities' report on Adani Port and SEZ

We build modest yoy volumes growth for Mundra; other ports will support healthy overall volume growth. 

We expect EBITDA margin to be modestly down qoq.

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