State-run power equipment maker BHEL is expected to report profit at Rs 96 crore in July-September quarter against loss of Rs 205 crore in year-ago period, according to analysts polled by CNBC-TV18.
Revenue during the quarter is seen rising 7.4 percent to Rs 6,379 crore from Rs 5,937 crore on yearly basis.
Improvement in operational performance may support bottomline. Given tighter control on raw material and staff costs, EBITDA (earnings before interest, tax, depreciation and amortisation) is likely to be Rs 95 crore in the quarter ended September 2016 against loss of Rs 475 crore in same period last fiscal.
Analysts expect gross margins to improve during the quarter. Lower provisioning may also lead to margin expansion.
Order inflow is expected to be around Rs 1,000-3,000 crore in Q2FY17 against Rs 2,400 crore in Q2FY16. Key issues to watch out for would be pace of execution given delayed finalisation of orders, order intake & status of slow moving orders, trends in provisions & working capital performance and margin performance.
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