Crompton Greaves's fourth quarter consolidated profit after tax is expected to increase 18.5 percent year-on-year to Rs 75.6 crore, according to CNBC-TV18 poll.
Total income from operations is seen rising 3.2 percent to Rs 3,888 crore during January-March quarter from Rs 3,766 crore in the year-ago period.
Operating profit may increase 10 percent year-on-year to Rs 207 crore and margin may expand 30 basis points to 5.3 percent in the quarter gone by.
On standalone basis, profit is likely to jump 22.9 percent on yearly basis to Rs 155 crore and total income may rise 9.5 percent to Rs 2,230 crore for the quarter ended March 2015. Operating profit is seen increasing 7.5 percent Y-o-Y to Rs 199 crore while margin may fall 20 basis points at 8.9 percent.
Analysts feel weak demand environment may hamper revenue growth and expect industrial system profitability to improve during the quarter.
Overseas revenues could face currency headwinds and losses at international subsidiary could continue to offset stable standalone performance.
Higher revenue share of low margin power business may keep margin uptick subdued while decline in the effective tax rate may help boost profits.
Key factors to watch out for
Margin expansion in power systems segment, given higher exports and increase in contribution from switchgears
Operating performance in Hungary, which remains impacted by poor capacity ramp-up and losses on transfer projects
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
