Investors need to watch out for IVRCL's execution that has shown signs of pick up after many quarters of disappointment.
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.
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.