Adani Ports and Special Economic Zone's July-September quarter consolidated profit is seen rising 12.5 percent year-on-year to Rs 645 crore, according to average of estimates of analysts polled by CNBC-TV18.
Revenue is likely to increase 8.8 percent to Rs 1,801 crore from Rs 1,655 crore in same period. Operating profit may climb 10.4 percent to Rs 1,160 crore and margin may expand by 90 basis points to 64.4 percent compared to year-ago period.
What to expect?-Analysts expect slow revenue growth aided by increase in realisations and expect some traction in volumes across smaller ports.-Mundra port with a high base may deliver single digit growth-Growth in total cargo handled may be driven by commencement at Vizag and Kandla, and ramp-up at Dhamra-Lower coal and container volumes may offset by 8.5-9 percent increase in net blended realisation-Analysts see lower interest cost due to refinanced loans-Rupee depreciation may benefit dollar tariffs which may aid in stronger margin
Key things to watch out for-Mundra port volumes-Volume blend (lower coal)-Y-o-Y numbers not fully comparable due to acquisition
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