GVK Power Q4 PAT seen down 4% at Rs 32 cr

GVK Power and Infra is set to report about 4% fall in its fourth quarter profit after tax of Rs 32 crore as against Rs 33 crore the same quarter of FY10 while on the quarter-on-quarter basis, profit is likely decline 25%.

Net sales too are seen going down by 4% to Rs 467 crore in the quarter ended March 2011 as compared to same quarter of 2010 whereas on QoQ basis, sales are likely to go up by 7%.

Earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to go up by 50% to Rs 124 crore on year-on-year basis while sequentially it could be 12% growth.

Operating profit margin is seen improving at 26% versus 17% on YoY basis.

Factors to watch
-Gas supply to power plants needs to be monitored
-Revenue growth to be led by roads segment;
-Power segment may remain slow as the unavailability of gas may continue to impact PLFs