IRB Infra is likely to post net profit at Rs 130 crore, up 18.7 percent in the January-March quarter compared to Rs 109 crore in year-ago period. According to a CNBC-TV18 poll, the company's net sales may rise 19.9 percent at Rs 1,058 crore against Rs 883 crore in corresponding quarter last fiscal. IRB Infra will announce Q4FY15 results on May 29.
During the quarter, EBITDA is seen up 27.7 percent at Rs 565 crore versus Rs 442 crore while EBITDA margin may jump 330 basis points (bps) at 53.3 percent against 50.1 percent (Y-o-Y).
According to analysts polled by CNBC-TV18, its construction revenue is expected to see only a mild uptick. Toll revenue may grow over 50 percent (Y-o-Y). Analysts are also hoping that traffic growth at Mumbai-Pune, Bharuch-Surat and revenue from newly commissioned project Amritsar Pathankot will further prep up revenues.
EBITDA margins may be higher due to declining input costs and steady construction.
What remains to be seen in Q4 is if it can sustain seasonal pick up in traffic growth seen in last quarter. Progress in construction at Goa Kundapur, Solapur Yedeshi projects also needs to be watched out for.
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