GVK Power is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go down by 7% to Rs 43 crore from Rs 46 crore (YoY).
Revenue is seen going up by 3% to Rs 487 crore in December quarter of 2010 as against Rs 474 crore in same period the previous year.
Earning before interest, tax, depreciation and amortisation (EBITDA) is likely to go up by 8% to Rs 152 crore from Rs 141 crore and EBITDA margin is seen improving at 31% versus 30% (YoY).
Expect muted overall earnings growth; though improved earnings from core operations
* Due to buoyant macroeconomic environment in Q3FY11 and traffic growth
Impact of consolidation from the Bangalore airport results set off by the impact of -
* Rotor maintenance in the JP-II power plant, and
* Interest expenses on the loan taken for the Bangalore airport acquisition
Key monitorables
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