IL&FS Trans` Q4 PAT seen down 29% at Rs 116cr: Emkay
Emkay Global Financial Services has come out with its earnings estimates on IL&FS Transportation for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 3.7% at Rs 1716.2 crore, Year-on-Year, (YoY) basis.
April 10, 2012 / 16:40 IST
Emkay Global Financial Services has come out with its earnings estimates on IL&FS Transportation for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 3.7% at Rs 1716.2 crore, Year-on-Year, (YoY) basis.
The company's net profit is seen down 29.3% at Rs 116 crore, YoY.IL&FS Transportation is expected to report revenues of Rs17.1bn registering a +5% yoy growth. Construction its revenues are likely to witness 9.8% yoy growth at Rs 13.3bn. Toll/Annuity income will witness ~40% yoy growth to Rs1.6bn. EBITDA for the quarter is expected at Rs3.7bn registering a
10%yoy decline. Margins are expected to contract 324 bps to 21.6%, driven by contraction in high margin fee income. Net profit for the quarter is expected at Rs 1.16 bn a decline of 36% yoy led by 10% increase in interest outgo and a 25% dip in other income, dragging the overall PAT. Rs 43bn worth of order book addition will bolster the unexecuted backlog of Rs ILFT has received fresh E&C orders worth during the quarter. 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!
