Chambal Fertilisers Q1 PAT seen down 7% to Rs 59 cr

Chambal Fertilisers and Chemicals is set to declare its results for the quarter ended June 2012. Analysts on an average expect profit after tax to fall by 6.7% year-on-year to Rs 59.4 crore during the same quarter.

Total income is seen going down by 10.4% to Rs 1,043.4 crore and earnings before interest, tax, depreciation and amortisation (EBITDA) are expected to decline by 4.3% to Rs 163 crore during the same period.

But EBITDA margin is likely to increase 100 basis points to 15.6% in the first quarter of FY13 versus 14.6% in a year ago period due to lower contribution of traded products to revenues.

Analysts expect the sales volume of urea to degrow slightly on YoY basis and that of the traded fertilizers to fall substantially, owing to carry over inventory from the previous quarter together with a delayed monsoon.

Interest cost is expected to be higher on a YoY on account of higher debt.