Punj Lloyd, the company which is engaged in engineering and construction business is likely to post consolidated profit of Rs 20 crore in its fourth quarter FY13 results as compared with Rs 9 crore, a year ago, evaluate significant growth of 122 percent, according to CNBC-TV18‘s estimates.
Punj Lloyd, engineering and construction major is likely to post 122 percent jump inconsolidated profit of Rs 20 crore in its fourth quarter earnings as compared to Rs 9 crore, a year ago according to CNBC-TV18’s estimates.
The company’s total income is seen up 2 percent to Rs 3100 crore from Rs 3,038 crore, year-on-year.
Its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is likely to go up by 7.9 percent at Rs 275 crore versus Rs 255 crore, in the same quarter last year.
Analysts expect continued improvement in operating performance. However, high interest costs remain a cause for concern. Revenue growth will be led by strong order book.
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