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Gujarat Pipavav Q4 profit seen up 52.6% at Rs 93.1 cr: Poll

Gujarat Pipavav Port is expected to report a massive 52.6 percent jump in profit at Rs 93.1 crore during January-March quarter compared to Rs 61 crore in the year-ago period, according to a CNBC-TV18 poll.

May 28, 2015 / 11:13 AM IST
 
 
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Gujarat Pipavav Port is expected to report a massive 52.6 percent jump in profit at Rs 93.1 crore during January-March quarter compared to Rs 61 crore in the year-ago period, according to a CNBC-TV18 poll.


Adjusted profit after tax is likely to increase 30.8 percent to Rs 93.1 crore from Rs 71.2 crore during the same period.


Net sales may increase 17.9 percent to Rs 184 crore for the quarter ended March 2015 from Rs 156 crore in the same quarter last year.


Operating profit is seen rising 13.6 percent Y-o-Y to Rs 104 crore but margin may dip 210 basis points to 56.5 percent in the quarter gone by.

Volume growth of over 15-18 percent may drive results, feel analysts. Contribution from liquid cargo could aid gross margins, they said.

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first published: May 28, 2015 11:13 am

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