GMR Infra likely to post loss of Rs 78 cr
GMR Infra is to announce its consolidated fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY12 net sales are seen up 3% at Rs 2023 crore versus Rs 1962 crore, year-on-year (YoY).
GMR Infrastructure is to announce its consolidated fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY12 net sales are seen up 3% at Rs 2023 crore versus Rs 1962 crore, year-on-year (YoY)
Its EBITDA is seen up 12% at Rs 493 crore versus Rs 441 crore, YoY.Its OPM at is seen up 24.35% versus 22.46%.The company's likely to post APAT loss of Rs 63 crore versus loss of Rs 68 crore.Its likely post loss of Rs 78 crore versus loss of Rs 1007 crore.*** APAT does not include exceptional items of Rs.939cr for the previous year, Q4FY11*** Rs.939cr of exception items in Q4FY11 pertain to losses w.r.t sale of stake in InterGenTop line growth expected to remain subdued due to lower PLF at its gas based power facilitiesResumption of ADF at DIAL, sustained traffic at the airports and normal biz is expected to partly offset impact of lower PLFs at the power plantsHigher interest and depreciation costs for DIAL ((given that new tariff order was not yet implemented in Q4)) will impact earningsRecent developmentsDIAL received approval to hike tariffs by 352% from AERA effective from May 15th 2012As per the new order, regulator has allowed collection of Rs.3415cr as development feeDIAL had earlier sought a tariff hike of 774% 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!
