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GMR's Q2 loss may be Rs 64 cr on weakness in power biz

GMR Infra which will announce its September quarter earnings later in the day is expected to report a net loss of Rs 64 crore, as against Rs 63 crore, YoY according to a CNBC-TV18 poll.

November 12, 2012 / 15:34 IST
     
     
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    GMR Infra which will announce its September quarter earnings later in the day and is expected to report a net loss of Rs 64 crore, as against Rs 63 crore, YoY according to a CNBC-TV18 poll.


    Revenues are likely to climb 20.45% to Rs 2278,YoY. EBITDA will improve 28% to Rs 642,YoY. However EBITDA margins will remain flat at 28%, YoY.

    Listed below are expectations from the company during the quarter


    - Revenues from the DIAL Airports will show some positive traction on account of partial booking of sales based on increased tariffs


    - Operations across other airports are expected to be stable on a QoQ basis


    - Power revenues may take a hit as seasonally it is a weak quarter


    - EPC and Road revenues would continue to do well


    - Margins will be maintained


    - Interest will continue to hit the bottom-line


     

    first published: Nov 12, 2012 10:36 am

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