GMR Infra is expected to lower its net loss in December quarter. According to a CNBC-TV18 poll, its net loss is likely to be at Rs 426 crore in Q3 compared to Rs 638 crore in corresponding quarter last fiscal. During the quarter, its topline is seen down 2 percent at Rs 2701 crore against Rs 2761 crore in year-ago period.
In Q3 EBITDA may grow 39 percent at Rs 932 crore versus Rs 671 crore while margins may stand at 34.5 percent versus 24.3 percent (YoY).
Analysts polled by CNBC-TV18 expect over 15 percent growth in passenger traffic aided by holiday and festival season. Losses in energy segment may continue. Lower interest outgo seen owing to the pre-payment of corporate debt.
Analysts will keep an eye on- Debt levels- Update on airports business sale- Performance of gas based plant- Profitability of the airports and roads segment- Update on coal blocks
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