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HomeNewsBusinessEarningsEngineers India Q3 net seen up 31%, EBITDA margin at 114.4%

Engineers India Q3 net seen up 31%, EBITDA margin at 114.4%

The top line of the company may rise 11 percent at Rs 441 crore against Rs 398 crore. As per CNBC-TV18 analysts poll, the revenue growth led by the domestic consulting segment on the back of inflows in 4QFY15/ 1QFY16.

February 10, 2016 / 11:58 IST
     
     
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    Engineers India is going to announce its third quarter numbers on Wednesday. The company's net profit is likely to go up by 31 percent at Rs 79 crore versus Rs 60 crore, according to CNBC-TV18 poll.The top line of the company may rise 11 percent at Rs 441 crore against Rs 398 crore. As per CNBC-TV18 analysts poll, revenue growth may be led by domestic consulting segment on back of inflows in Q4FY15/ Q1FY16.The company's EBITDA is seen up 78 percent at Rs 64 crore versus Rs 36 crore.The EBITDA margin may rise to 114.4 percent from 8.96 percent, led by higher proportion of domestic business.The government recently sold 10 percent stake through offer for sale which saw a stellar response. The floor price for OFS was set at Rs 189 per share.

    first published: Feb 10, 2016 11:58 am

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