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 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