JP Associates Q1 PAT seen down 9% at Rs 96 cr

Jaiprakash Associates is expected to report a fall of 9% (YoY) in profits for the first quarter of FY12. During the period, profit after tax of the company is likely to go down at Rs 96 crore as against Rs 106 crore in the corresponding quarter last fiscal.

August 11, 2011 / 19:45 IST

Jaiprakash Associates is expected to report a fall of 9% (YoY) in profits for the first quarter of FY12. During the period, profit after tax of the company is likely to go down at Rs 96 crore as against Rs 106 crore in the corresponding quarter last fiscal.

Net sales are seen going up 5% to Rs 3,321 crore from Rs 3,174 crore year-on-year.

EBITDA is likely to go up by 9% to Rs 701 crore in the quarter ended June 2011 versus Rs 642 crore in the year ago period.

Operating profit margin is seen improving to 21.11% versus 20.23% year-on-year.

Expectations

Company

first published: Aug 11, 2011 07:42 pm

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JP Associates Q1 PAT seen down 9% at Rs 96 cr

Jaiprakash Associates is expected to report a fall of 9% (YoY) in profits for the first quarter of FY12. During the period, profit after tax of the company is likely to go down at Rs 96 crore as against Rs 106 crore in the corresponding quarter last fiscal.

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