Adani Power's second quarter loss may narrow sharply to Rs 8 crore from Rs 369 crore in a year-ago period, according to average of estimates of analysts polled by CNBC-TV18.
Improvement in financial performance may be due to healthy capacity utilisation and accrual of compensatory tariff while lower coal cost may support margin, feel analysts.
Revenue during the quarter is seen rising 3 percent to Rs 5,930 crore from Rs 5,751 crore in same period last fiscal.
Analysts expect Adani Power's overall plant load factor (ex-Udupi) to improve by 440 basis points in September 2016.
Operating profit or EBITDA (earnings before interest, tax, depreciation and amortisation) is likely to jump 10.7 percent year-on-year to Rs 1,983 crore and margin may expand 226 basis points to 33.4 percent in July-September quarter.
Key factor to watch out for would be compensatory tariff inclusion note.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
