Sterlite Tech Q3 PAT seen down 20% at Rs 14 cr

11264 Investors following Sterlite Optic. Share this News with them.

0

Like this story, share it with millions of investors on M3

Sterlite Tech Q3 PAT seen down 20% at Rs 14 cr

Sterlite Technologies is expected to report a profit after tax of Rs 14 crore in the third quarter of FY12, a fall of 20% as compared to Rs 17 crore in a year ago quarter.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ News and Notices about Sterlite Optic See interviews with Sterlite Optic Management See what other Experts & Brokerages are saying about Sterlite Optic See previous Results of Sterlite Optic

Sterlite Technologies is expected to report a profit after tax of Rs 14 crore in the third quarter of FY12, a fall of 20% as compared to Rs 17 crore in a year ago quarter.

Net sales are seen going up by 28% to Rs 741 crore versus Rs 579 crore year-on-year.

EBITDA is likely to move up 28% to Rs 55 crore in the quarter ended December FY12 versus Rs 43 crore in the corresponding quarter of last fiscal.

Expectations

- Expect revenue growth on the back of good execution in conductor biz

- In telecom biz, realization in fibre and optical fibre remain key monitorable

- Expect improvement in EBITDA margins as low margin power segment orders get depleted

- High interest cost will keep PAT under pressure

- Expect order inflow to remain subdued