ITC, Sterlite Industries and Titan Industries are set to announce their second quarter numbers of FY12 today.
Cigarette major ITC is expected to report a profit after tax of Rs 1,470 crore for the second quarter of FY12, a growth of 17.9% as compared to Rs 1,246.7 crore in the corresponding quarter of last fiscal.
Sales are seen going up by 17.5% to Rs 5,945 crore from Rs 5,061.2 crore year-on-year. Operating profit margin is likely to be at 35.4% in the July-September quarter of FY12 as against 35.35% in same quarter the previous year and 32.66% in previous quarter.
On quarter-on-quarter basis, sales are expected to go up by 3.1% and PAT is likely to jump 10.3%.
Watch manufacturer Titan Industries is expected to report a profit after tax of Rs 161 crore in the second quarter of FY12, a growth of 26.2% as compared to Rs 127.6 crore in the corresponding quarter of last fiscal.
Sales are seen going up by 36.3% to Rs 2,093 crore from Rs 1,536 crore year-on-year. However, operating profit margin is expected to be at 10.1% as against 11.30% during the same period.
Vedanta Group company Sterlite Industries is expected to report a profit after tax of Rs 1,445 crore for the second quarter of FY12, a growth of 43.3% as compared to Rs 1,008 crore in the corresponding quarter of last fiscal.
Net sales are seen going up by 61.2% to Rs 9,716 crore from Rs 6,029 crore year-on-year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to go up by 77.8% to Rs 2,620 crore in July-September quarter of FY12 as against Rs 1,473.5 crore in same quarter the previous year.
EBITDA margin is seen improving at 27% versus 24.4% during the same period.
On quarter-on-quarter basis, net sales are expected to go down 1.1% and PAT is likely to go down 11.9%.
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