172@29@17@141!~!172@29@0@53!~!|news|business|earnings|crompton-greaves-q2-what-to-expect-918068.html!~!news|moneycontrol|com!~!|controller|infinite_scroll_article.php!~!is_mobile=false
Moneycontrol
Watch experts decode 'The rise of ESG investing' on October 29 at 4pm. Register Now!
Last Updated : Dec 06, 2016 04:25 PM IST | Source: CNBC-TV18

Crompton Greaves Q2: What to expect?

Crompton Greaves is likely to report net profit at Rs 44 crore in July-September, down 11 percent from Rs 50 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, its revenue may grow 3 percent at Rs 1396 crore in Q2 compared to Rs 1350 crore in year-ago period.


Crompton Greaves is likely to report net profit at Rs 44 crore in July-September, down 11 percent from Rs 50 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, its revenue may grow 3 percent at Rs 1396 crore in Q2 compared to Rs 1350 crore in year-ago period.


What to watch
Operational performance may be hit by fire at Kanjurmarg facility
Production at Mandideep had been hit by water logging
Expect flattish revenue growth on a like-to-like basis
Flat growth expected in the power system business
Industrial systems business expected to see over 10 percent growth
Margins to contract on a high base
Lower losses in international operations will aid profitability
FY17 Revenue guidance at Rs 6500 crore
FY17 EBITDA guidance of Rs 450 crore

Watch video for more...

First Published on Dec 6, 2016 04:25 pm
Sections