Reliance Power is expected to report consolidated profit after tax (PAT) of Rs 169 crore in the second quarter of FY12, a fall of 28% as compared to Rs 235 crore in the corresponding quarter of last fiscal.
Net sales are seen going up 1.83 times to Rs 477 crore from Rs 169 crore during the same period.
EBITDA is likely to go up 4.65 times to Rs 159 crore in the July-September quarter of FY12 versus Rs 28 crore in a year ago period.
Operating profit margin is expected to be at 33.37% versus 16.71% year-on-year and 34.13% quarter-on-quarter.
On quarter-on-quarter basis, consolidated net sales are likely to go down 12% and EBITDA down by 14%. PAT is also seen falling 14%.
Expectations
Expect PLF at Rosa plant to drop to around 80% in Q2FY12 from 91% in Q1FY12
PLF hit in August likely on account of scheduled shut-down
No incremental capacity addition during the quarter
Reliance Infra owns 38% in Reliance Power
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