CESC Q4 profit after tax seen up 10% at Rs 110 cr

CESC is set to report fourth quarter FY11 profit after tax of Rs 110 crore, a 10% growth as compared to Rs 100 crore in same quarter the previous year.

Net sales are seen going up by 19% to Rs 898 crore from Rs 756 crore. EBITDA is likely to grow by 30% to Rs 234 crore from Rs 180 crore on year-on-year basis.

Operating profit margin is seen improving at 26% as against 24%.

CESC is expected to post 21% growth in financial year 2010-11 net sales of Rs 3,991 crore as against Rs 3,293 crore in previous financial year.

PAT is likely to jump 12% to Rs 485 crore from Rs 433 crore and EBITDA is seen going up by 35% to Rs 1014 crore from Rs 750 crore.

OPM is seen advancing at 25% versus 23%.

Company reported lower generation in fourth quarter on account of demand issues and cheaper external power.

Energy sales could be lower during the fourth quarter due to subdued winter demand.

January-February 2011 PLF stood at 64% as against 62% on year-on-year basis.

January-February 2011 generation stood at 1.2 billion units, grew 3% on YoY basis.