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HomeNewsBusinessEarningsJ Kumar Infra Q4 net seen up 19%; slow execution may hit revenue

J Kumar Infra Q4 net seen up 19%; slow execution may hit revenue

Operating profit is expected to increase 8.5 percent to Rs 74 crore and margin may expand 130 basis points to 18 percent in Q4.

May 24, 2016 / 11:11 IST
     
     
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    J Kumar Infraprojects' profit in Q4 is seen rising 19 percent to Rs 32 crore but revenue may be flat Rs 411 crore due to slow execution and delay in Metro award, according to average of estimates of analysts polled by CNBC-TV18.

    Last stage of execution at DMRC orders may support topline.

    Operating profit is expected to increase 8.5 percent to Rs 74 crore and margin may expand 130 basis points to 18 percent in Q4.

    Watch out for-Guidance on Metro Line 3 execution start and new order wins  -Sustainability of 18-19 percent EBIDTA margin-Pace of execution

    first published: May 24, 2016 08:11 am

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