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
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