Jaiprakash Power Q1 PAT seen down 7% to Rs 171 cr: Poll

Jaiprakash Power Ventures (JPVL) will announce its first quarter earnings today. Profit after tax of the company is expected decline 6.8 percent to Rs 171 crore during the quarter as against profit of Rs 183 crore in a year ago period and loss of Rs 122 crore in previous quarter.

Total income is seen going up by 40.7 percent year-on-year (up 2 times sequentially) to Rs 767 crore in April-June quarter.

Earnings before interest, tax, depreciation & amortisation (EBITDA) are likely to jump 22.2 percent on yearly basis (up 3.7 times Q-o-Q) to Rs 599 crore.

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Operating profit margin (OPM) is expected to be at 78.1 percent in June quarter as against 89.9 percent in corresponding quarter of last fiscal and 43.7 percent in March quarter.

Analysts on an average expect a seasonally strong quarter. Results will look strong on a Y-o-Y basis due to commissioning of newer capacities.

Key factors to watch

-> Details on fixed cost recovery for Vishnuprayag project
-> Merchant realizations for Kharcham project
-> Coal availability for the Bina Thermal Power Station (500MW)
-> Update on clearance of Dongri Tal II coal mine
-> Update on commissioning of Nigrie (1.3GW) and Bara I (2GW)