Adani Enterprises is expected to report a consolidated profit after tax at Rs 324 crore in July-September quarter compared to reported loss of Rs 417 crore in same quarter last year, according to the average of estimates of analysts polled by CNBC-TV18.
Total income from operations is seen rising 14.6 percent to Rs 15,584 crore in the second quarter of current financial year 2014-15 from Rs 13,602 crore in the year-ago period.
Core operating profit (ex-forex) may surge 51.4 percent year-on-year to Rs 2,755 crore and margin may expand 430 basis points to 17.7 percent in the quarter gone by.
Coal trading volumes are expected to be steady with healthy segmental margins.
Key things to watch out for are profitability of the power business after the compensatory tariff remains crucial for the consolidated entity; and impact on the mining & development operations (MDO) business post the Supreme Court ruling on coal block de-allocation.
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