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Orbit Corp Q3 net profit seen at Rs 17.26cr

Orbit Corporation Q3FY11 net profit is seen at Rs 17.26 crore versus Rs 16.04 crore, quarter-on-quarter, q-o-q.

February 08, 2011 / 19:58 IST
     
     
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    Orbit Corporation Q3FY11 net profit is seen at Rs 17.26 crore versus Rs 16.04 crore, quarter-on-quarter, q-o-q.

    Its revenues are seen up at Rs 104.37 crore versus Rs 97.71 crore.

    Its EBIDTA is seen up at Rs 56.35 crore versus Rs 50.24 crore.

    Its net profit is seen up at Rs 17.26 crore versus Rs 16.04 crore.

    Q3FY11 expectations

    * Marginal improvement in execution to lead to revenue growth
    * Higher realisation to lead to better EBITDA margin attributable to central Mumbai projects
    * Higher interest cost on rising debt to result in lower net profit growth
    * Debt reduction through operating cash flow generation and acquisition progress on pipeline projects are key monitorables

    first published: Feb 8, 2011 07:55 pm

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