Moneycontrol
Get App
Last Updated : Jan 27, 2016 01:34 PM IST | Source: CNBC-TV18

Bharat Electronics Q3 net seen up 6%, order inflows key

Bharat Electronics' revenue is seen rising 11 percent to Rs 1,785 crore during the quarter compared to Rs 1,608 crore in same quarter last fiscal, driven by execution of strong order book.


State-run aerospace and defence company Bharat Electronics' profit is likely to increase 6 percent to Rs 290 crore in Q3FY16 compared to Rs 272 crore in year-ago period, according to analysts polled by CNBC-TV18.


Revenue is seen rising 11 percent to Rs 1,785 crore during the quarter compared to Rs 1,608 crore in same quarter last fiscal, driven by execution of strong order book.


Upward margin trajectory may continue driven by savings on employee costs and overheads. Better product mix may also support margin.

Close

Operating profit (earnings before interest, tax, depreciation and amortisation) may increase 7.3 percent year-on-year to Rs 300 crore but margin may contract 50 basis points to 16.8 percent in quarter gone by.


Key issue to watch out for would be order inflows.



Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year.

First Published on Jan 27, 2016 11:12 am
Sections
Follow us on