State-run aerospace and defence company Bharat Electronics is likely to report a 27.5 percent growth in profit at Rs 77 crore and 10 percent in revenue at Rs 1,208 crore in April-June quarter on yearly basis, according to average of estimates of analysts polled by CNBC-TV18.
EBITDA (earnings before interest, tax, depreciation and amortisation) is likely to turn positive at Rs 11 crore in the quarter ended June 2016 against loss of Rs 5 crore in year-ago period and margin is expected at 0.9 percent due to positive operating leverage.
Bharat Electronics will also consider the proposal for buy back of shares on August 5. The Government of India holds 75 percent stake in the company.
Key issues to watch out for would be:-Other income-Company may start provisioning for Pay Commission payout-Revenue growth, as key orders are currently under execution for Army and Air Force-Operating leverage
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