Voltas Q4 PAT seen down 10% at Rs 91 cr

Engineering solutions provider Voltas' consolidated profit after tax is likely to decline 10% over a prior-year period to Rs 91 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.

EBITDA too is seen going down by 10% over a year ago period to Rs 126 crore during the quarter. Operating profit margin is expected to be at 7.40% versus 8.41% year-on-year.

Total income is seen going up by 2% year-on-year to Rs 1,707 crore during the same period.

Expectations

Margins in electro-mechanical projects business are expected to remain under pressure as most Middle Eastern projects are still at planning stage and around 20% of domestic order book is slow moving

Another round of provisioning on Sidra Medical project (Qatar) needs to be watched

Rohini Electrical losses will most likely continue in Q4FY12 as well

Engineering products are expected to see a decline in sales due to weakness in textile industry --- constitutes 50% of segment revenue

Order inflows will be key factors to watch for

Progress on Sidra project and outlook order inflows (both domestic and in the Middle East)

Performance of Rohini Electricals will be key factor to watch for --- expected to continue to post losses in Q4FY12 as well