CESC Q4 net seen down 18% to Rs 199cr, margin may fall 510 bps

Power utility company CESC's fourth quarter profit is seen falling 18 percent to Rs 199 crore but revenue may increase 10 percent to Rs 1,555 crore compared to year-ago period, according to average of estimates of analysts polled by CNBC-TV18. Earnings will be announced on May 19.

Operating profit (earnings before interest, tax, depreciation and amortisation) is likely to fall 8 percent year-on-year to Rs 414 crore and margin may contract by 510 basis points to 26.6 percent in quarter gone by.

Factors to watch out for:-Full capacity tie-up at Chandrapur-Management's guidance on expected coal cost under-recovery in FY17 and break-even of retail business