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HomeNewsBusinessEarningsJaiprakash Power Q3 loss may widen to Rs 117 cr: Poll

Jaiprakash Power Q3 loss may widen to Rs 117 cr: Poll

Earnings before interest, tax, depreciation and amortisation may grow 24.1 percent to Rs 332 crore but operating profit margin is likely to fall 470 basis points to 58 percent compared to same quarter last year.

February 03, 2014 / 13:15 IST
 
 
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Jaiprakash Power Ventures will announce its third quarter (October-December) earnings today. According to CNBC-TV18 poll, analysts expect the company's loss to widen to Rs 117 crore from Rs 98 crore year-on-year.

The loss is on account of higher interest costs, lower merchant tariffs and start-up losses at Bina plant, where final tariff order is likely in Q4.

Total income is seen going up by 34.2 percent on yearly basis to Rs 573 crore in the quarter ended December 2013.

Earnings before interest, tax, depreciation and amortisation may grow 24.1 percent to Rs 332 crore but operating profit margin is likely to fall 470 basis points to 58 percent compared to same quarter last year.

It is seasonally weak quarter for the company.

first published: Feb 3, 2014 12:24 pm

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