CESC, the Kolkata-based RPG family owned power company, will announce its third quarter (October-December) earnings today. Analysts expect profit after tax to jump 28.8 percent to Rs 130 crore compared to same quarter last year, according to CNBC-TV18 poll.
Expected Q3FY14 earnings Y-o-Y-Total income may rise 24.3 percent to Rs 1,293 crore versus Rs 1,040 crore-EBITDA is seen going up 22.1 percent to Rs 325 crore versus Rs 266 crore-Operating profit margin may fall 50 basis points to 25.1 percent versus 25.6 percent
Expectations-Revenue per sq ft for Spencer's Retail (subsidiary) is expected to increase to Rs 1,400 from Rs 1,363 in Q2, up 7 percent Y-o-Y-Store EBITDA per sq ft is expected at Rs 70-Analysts do not see much action based on quarterly results unless there is any significant change in Spencer’s numbers-Key trigger would be signing of Chandrapur PPA-Key things to watch out for are execution status of under-construction plants and profitability at Spencer’s
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