Hyderabad-based IVRCL will announce its April-June quarter earnings today. Analysts on an average expect the infrastructure company to report loss of Rs 28 crore during the quarter as against loss of Rs 6 crore in a year ago period.
Total income from operations may drop 12.8 percent on yearly basis to Rs 1,053 crore in June quarter.
Earnings before interest, tax, depreciation & amortisation (EBITDA) are likely to fall by 35.5 percent Y-o-Y to Rs 80 crore and operating profit margin may drop 270 bps Y-o-Y to 7.6 percent.
Also Read - IVRCL wins Rs 1,097.57 cr of building, water, power orders
Watch out for IVRCL's execution that has shown signs of pick up after many quarters of disappointment.
Also, operating profitability, which has been under pressure, needs to be watched.
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