IRB Infra Q3 profit after tax seen up 20% at Rs 110 cr
IRB Infra 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 up by 20% at Rs 110 crore as against Rs 91 crore (YoY).
January 27, 2011 / 09:12 IST
IRB Infra 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 up by 20% at Rs 110 crore as against Rs 91 crore (YoY).
Revenues are seen going up by 61% at Rs 696 crore from Rs 433 crore. EBITDA is likely to go up by 16% to Rs 264 crore from Rs 227 crore. However, EBITDA margin is seen declining at 38% versus 52%. Expectations
*Revenues from Construction and EPC segment likely to pick up in Q3
*Construction work on the four NHAI projects (Amritsar-Pathankot, Jaipur-Deoli, Talegaon-Amravati and Goa-Karnataka) in Q3 should lead to higher revenues from Construction and EPC segment
*EBITDA margin expected to remain flat or decline due to higher contribution to top line of low margin EPC revenues rather than BOT revenuesKey factors to watch
*Company's interest expense and depreciation outflows
*This could impact margins further going forward 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!
