JP Associates Q2 PAT seen up 11% at Rs 143 cr
Diversified conglomerate Jaiprakash Associates is set to declare its second quarter earnings today. Analysts on an average expect the company to report healthy set of numbers that will be driven by the growth in E&C business.
November 12, 2012 / 12:07 IST
Diversified conglomerate Jaiprakash Associates is set to declare its second quarter earnings today. Analysts on an average expect the company to report healthy set of numbers that will be driven by the growth in E&C business. Consolidated profit after tax is expected to grow by 11 percent year-on-year to Rs 143 crore in the quarter.
Net sales are seen going up 4% to Rs 3,178 crore in the July-September quarter of current financial year from Rs 3,067 crore in a year ago period.Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to go up by 18.9 percent YoY to Rs 812 crore for the quarter.EBITDA margin is expected to rise by 325 basis points YoY to 25.6 percent in the second quarter.Analysts expect 5 percent improvement in cement volumes (although numbers are not comparable on a YoY basis) while realisations are expected to remain strong with a 10 percent improvement YoY.Investors should watch out for debt levels and assets sale programmes of the company. 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!
