Lanco Infra PAT may jump two-fold in Q4

Lanco Infratech is set to announce its fourth quarter FY12 results. According to CNBC-TV18's estimates, the company's Q4 net sales are seen up 36% at Rs 2749 crore versus Rs 2018 crore. EBITDA is seen up 57% at Rs 625 crore versus Rs 398 crore.

OPM at 22.73% versus 19.71%. PAT is seen up 2.17 times at Rs 54 crore versus Rs 17 crore.

Generation volumes will increase significantly due to commissioning of Anpara (600MW). However, gas supplies for merchant plants is likely to have dropped thus impacting PLFs

Top line growth will be driven by better execution in EPC driven by solar, contribution from Griffin at top line and higher power generation YoY due to commissioning of Anpara (600MW).

Gas based plants could dent earnings due to lower PLFs as a result of fuel supply issues. PAT growth is expected on higher elimination of profits in Q4FY11.