November 08, 2013 / 12:01 IST
KK Birla Group-owned company Chambal Fertilisers and Chemicals will declare its second quarter (July-September) earnings today. According to a CNBC-TV18 poll, analysts on an average expect net profit to fall 49 percent year-on-year to Rs 79 crore and net sales may decline 8 percent Y-o-Y to Rs 2,150 crore in the quarter gone by.
Earnings before interest, tax, depreciation and amortisation is likely to slip 5 percent on yearly basis to Rs 185 crore, but operating profit margin may expand 10 basis points to 9 percent in three-month period ended September 2013.
Analysts expect urea revenue growth to be higher by nearly 15 percent at around Rs 1,070 crore, driven by pricing increase due to increase in weighted average gas prices.
Slight decline in urea volumes is also likely, but that decrease will be negligible, say analysts.
They feel trading revenues can come in lower by 25 percent to around Rs 920 crore on lower fertiliser volumes while shipping business is also likely to witness some amount of pressure.
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