Jaiprakash Associates is expected to report a loss of Rs 162 crore during October-December quarter against loss of Rs 88.7 crore in same quarter last year, according to a CNBC-TV18 Poll.
Weak operational performance and heavily leveraged balance sheet may lead to bottomline losses.
Net sales may fall 7.9 percent to Rs 2,889 crore in the quarter ended December 2014 from Rs 3,138 crore in the year-ago period.
Operating profit (including other operating income) is seen falling 6.7 percent Y-o-Y to Rs 695 crore but margin may increase 30 basis points to 24 percent in the quarter gone by.
Analysts expect 4-6 percent Y-o-Y ramp up in cement volumes to 4.5 million tonnes along with 3-4 percent improvement in overall realizations.
EPC division could report flat to marginally lower revenues on yearly basis.
Key issues to watch out for:-Cement realizations and cement segment profits-EPC division’s profitability and visibility on revenue/order book-Ramp-up in real estate division, revenue recognition-Asset monetization and debt reduction
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