Crompton Greaves Q4 APAT seen up 3% at Rs 278 cr

Crompton Greaves is set to declare its fourth quarter adjusted profit after tax of Rs 278 crore, grew 3% as compared to Rs 270 crore in same quarter the previous year.

Net sales are seen going up by 15% to Rs 2892 crore in the quarter ended March 2011 as against Rs 2508 crore in March quarter of 2010. EBITDA is expected to go up by 4% to Rs 420 crore from Rs 403 crore. Operating profit margin is seen at 15% as against 16%. Q4FY11 QoQ
-Net Sales up 21% at Rs 2892 crore versus Rs 2397 crore
-APAT up 20% at Rs 278 crore versus Rs 231 crore
-EBITDA up 23% at Rs.420 crore versus Rs 340 crore
-OPM at 15% versus 14% FY11 YoY
Net Sales up 9% at Rs 9989 crore versus Rs 9141 crore
APAT up 11% at Rs 912 crore versus Rs 824 crore
EBITDA up 8% at Rs 1390 crore versus Rs 1287 crore
OPM steady at 14% Expectations
-Rise in commodity prices and interest costs likely to impact EBITDA and PAT
-Industrial and consumer biz to continue to grow sharply
-Domestic power biz likely to disappoint again
-Expect muted growth in domestic T&D biz in Q4
-Expect international biz to grow in line with the 9MFY11 trend Key monitorables
-Execution in power biz to be key monitorable
-Order inflows in both domestic biz and int