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Anant Raj Ind Q4 net seen down at Rs 46.58cr

Infra company Anantraj Ind is likely to announce dip in net profits at Rs 46.58 crore for quarter-ended March 2011, as per a CNBC-TV18 poll.

May 27, 2011 / 19:27 IST
     
     
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    Infra company Anant Raj Industries is likely to announce dip in net profits at Rs 46.58 crore for quarter-ended March 2011, as per a CNBC-TV18 poll. The company reported net profit of Rs 50.3 crore for the corresponding quarter last year.


    Here are some of the key highlights of the poll:


    Q4FY11(QoQ)
    * Revenues: Rs 118.8 cr vs Rs 124.37 cr
    * EBIDTA: Rs 67.5 cr vs Rs 77.2 cr
    * Net Profit: Rs 46.58 cr vs Rs 50.3 cr

    Q4FY11 expectations
    * Key contributors to revenue would be presold residential projects at Manesar & Kapasera, recently launched Gurgaon project and rental income from commercial and hotel projects


    * Co soft launched its Gurgaon, Secor-91 project (1.5msf), with base price of Rs3 800/sf and sold 80 units in 4QFY11.
    * In the absence of significant new leases for its commercial projects, rental income would remain steady

    first published: May 27, 2011 07:24 pm

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