Infrastructure company IVRCL will announce its third quarter (October-December) earnings today. Analysts expect the company to continue posting poor performance in Q3FY14.
IVRCL's execution has shown signs of pick up after many quarters of disappointment, so the same needs to be monitored, analysts said.
The bottomline may get impacted by high interest cost and subdued operating performance. Analysts expect order inflows of Rs 1,800 crore during the quarter.
Important factor to watch out for is any news on asset monetisation.
According to CNBC-TV18 poll, analysts expect the company to report loss of Rs 45.8 crore during December quarter as against loss of Rs 68.1 crore in corresponding quarter of last fiscal.
Total income is seen going up 7.8 percent Y-o-Y to Rs 1,369 crore in the quarter gone by.
EBITDA may jump 45.7 percent to Rs 99.1 crore and margin may go up 190 basis points to 7.2 percent compared to a year-ago period.
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