Jaypee Infratech, a special purpose vehicle for implementation of 165 km long 6-lane access-controlled Yamuna Expressway in Uttar Pradesh, is likely to report a profit after tax of Rs 284 crore in the October-December quarter of FY12, degrowth of 25% as compared to Rs 379 crore in a year ago quarter.
Net sales are seen going down by 9% to Rs 686 crore from Rs 755 crore year-on-year.
EBITDA is expected to fall 24% to Rs 361 crore in the quarter ended December FY12 versus Rs 474 crore in the corresponding quarter of last fiscal.
Operating profit margin is likely to be falling at 52.71% versus 62.78% year-on-year. Key factors to watch for -
- Improvement in Noida sales volumes due to F1 race
- Easing of land acquisition overhang
- Clarity on commencement of Yamuna Expressway project
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