See Aban Offshore's FY10 EPS around Rs 120: BNP Paribas Sec

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See Aban Offshore's FY10 EPS around Rs 120: BNP Paribas Sec

In an exclusive interview with CNBC-TV18, Amit Shah, BNP Paribas Securities, talks about the Aban Offshore numbers and gives his outlook.

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ALSO READ News and Notices about Aban Offshore See interviews with Aban Offshore Management See what other Experts & Brokerages are saying about Aban Offshore See previous Results of Aban Offshore Aban Offshore BSE | NSE 31/05/12 Are Mutual Funds betting on Aban Offshore?

Q: Are you worried about how much interest costs are eating into this company's performance though?

A: That was something that we had factored into our numbers and hence we were significantly below consensus. Today, in the morning, we put a note saying this that we expect a weak Q3 because interest is something that has been associated with the company and when you reschedule debt it always gets expensive and that's something that we have already marked into our estimates.