Adani Enterprises Q4 PAT seen down 10% at Rs 831 cr

Adani Enterprises is expected to report a consolidated a profit after tax of Rs 831 crore for the fourth quarter of FY12, down 10% as compared to Rs 928 crore in a year ago period, according to CNBC-TV18 poll.

Total income is seen going up by 5% to Rs 9,587 crore from Rs 9,112 crore year-on-year

EBITDA too is likely to go up by 4% to Rs 1,619 crore from Rs 1,563 crore during the same period, but operating profit margin is seen falling at 16.89% versus 17.16%.

Expectations

** Expect growth in PAT YoY driven by growth in coal trading volumes and in Adani Ports & SEZ, which offset by losses incurred by Adani power

** Lower power segment margins to impact overall margins for Adani Enterprises

Adani Enterprises owns around 70% stake in Adani Power and 77% stake in Adani Ports & SEZ.

Adani Power reported a standalone loss Rs 290 crore for the fourth quarter of FY12 as against profit after tax of Rs 174 crore year-on-year.

Adani Ports & SEZ's standalone profit after tax went up 1% YoY to Rs 339 crore for Q4FY12.