Voltas Q1 consol PAT seen up 4% at Rs 97.26 cr

Voltas is expected to report just 4% rise in profit for first quarter of FY12. During the period, consolidated profit after tax of the company is likely to go up to Rs 97.26 crore against Rs 93.72 crore in the corresponding quarter of last fiscal.

Net sales are seen going up by 10% (YoY) to Rs 1,545.25 crore from Rs 1,403.05 crore.

EBITDA too is likely to go up 5% to Rs 129 crore from Rs 122.34 crore. 

Expectations

Execution pick up in EMPS ((Electro-Mechanical Projects and Services)) biz in international geographies will be crucial

Finalization of large ticket EMPS orders to be watched for

Slower growth in UCP ((unitary cooling products)) biz likely

Expect margin pressure due to higher input prices

Sale of material handling segment will lead to de-growth in revenues in EPS ((Engineering Products and Services)) segment