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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

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First Published on Dec 6, 2016 04:25 pm
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