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NCC Q3 standalone PAT seen down 43% at Rs 23 cr

Construction firm NCC's standalone profit after tax is likely to go down by 43% to Rs 23 crore in the third quarter of FY12 from Rs 40 crore in the corresponding quarter of last fiscal.

February 06, 2012 / 11:14 IST
     
     
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    Construction firm NCC's standalone profit after tax is likely to go down by 43% to Rs 23 crore in the third quarter of FY12 from Rs 40 crore in the corresponding quarter of last fiscal.


    Total income is seen going up by 5% to Rs 1,400 crore from Rs 1,335 crore year-on-year.


    EBITDA is likely to go up by 3% to Rs 132 crore from Rs 128 crore during the same period.


    Operating profit margin is expected to be improving at 9.66% in the October-December quarter of FY12 versus 9.55% in a year ago quarter.


    Expectations


    - Expect moderate revenue growth YoY led by execution of a large order backlog


    - Margins expected to remain flat YoY


    - High interest costs to put bottomline pressure

    Key factors to watch for
    first published: Feb 6, 2012 10:13 am

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