IRB Infra Q4 profit may be flat at Rs 140cr, topline seen up 39%

IRB Infrastructure's fourth quarter profit is likely to be flat at Rs 140 crore against Rs 138 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18. The bottomline may be hit by higher interest & depreciation cost and lower operating profit margin.

Revenue is seen rising 39 percent to Rs 1,375 crore compared to same quarter last fiscal. Analysts say EPC revenue may grow led by start of construction in newer projects and traffic on key road projects is likely to grow 6-7 percent YoY.

Operating profit (earnings before interest, tax, depreciation and amortisation) may jump 28 percent YoY to Rs 728 crore but margin may contract 470 basis points to 52.9 percent in Q4 due to change in revenue mix.