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May 09, 2012, 05.42 PM IST
ABB is likely to report a growth of 16% year-on-year in its profit after tax of Rs 69 crore for the first quarter of 2012, according to CNBC-TV18 poll.
Net sales are seen going up by 13% to Rs 2,006 crore from Rs 1,781 crore year-on-year. EBITDA is expected to go up by 22% to Rs 106 crore from Rs 87 crore during the same period. Operating profit margin is seen improving at 5.27% for January-March quarter of CY12 versus 4.88% in year ago period. Q1CY12 Expectations Top line growth driven by balanced performance across all segments Profitability though optically positive ((due to low base effect from last year)), is likely to remain depressed compared to historical levels
Margin pressure likely to continue due to execution of low margin fixed price orders, pricing pressure seen in the sector
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