Lanco Infratech Q3 PAT seen up 79% at Rs 191 cr
Lanco Infratech is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up by 79% at Rs 191 crore as against Rs 107 crore on year-on-year basis, according to CNBC-TV18 estimates.
February 07, 2011 / 13:25 IST
Lanco Infratech is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up by 79% at Rs 191 crore as against Rs 107 crore on year-on-year basis.
Total income is seen going up by 77% at Rs 2,854 crore from Rs 1,611 crore (YoY). Earning before interest, tax, depreciation and amortisation (EBITDA) is likely to go up by 121% at Rs 659 crore from Rs 298 crore and EBITDA margin too is seen improving at 23% versus 18%.Factors to watch
-Higher EPC revenues and full operation of power plants expected to boost revenues
-Margins expected to be better on the back of better realizations and normalcy in expensesNew developments during the quarter
-Company placed an order worth Rs 6800 crore for supply of 16 sets of 660MW power equipment with Harbin Power during Q3
-Company acquired 100% stake in Australia based Griffin Coal Mining Co and Carpenter Mine Mgmt during Q3
* Griffin Coal owns large operational thermal coal mines in Western Australia
* The mine currently produces 4mtpa of coal with a potential to ramp up to 15mtpa
-Company's EPC division has been awarded a contract worth Rs 4100 crore by Moser Baer for 2 * 600 MW coal based Thermal Power project Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
