Kalpataru Power Transmission is expected to report profit at Rs 63 crore for July-September quarter, higher by 8.7 percent over Rs 58 crore in year-ago. The company will announce its earnings on November 13.
Revenue during the quarter is likely to increase 7 percent to Rs 1,195 crore, compared with Rs 1,115 crore year-on-year, according to average of estimates of analysts polled by CNBC-TV18.
Operating profit may grow 7 percent year-on-year to Rs 130 crore but margin may be flat at 10.9 percent for quarter ended September 2017.
Analysts feel railways and transmission & distribution businesses are gaining traction.
While the order backlog is strong at Rs 9,700 crore, analysts remain cautious on execution due to GST-led disruption.
Gradual convergence between T&D and non-T&D margins should keep EBITDA margin in line with full-year guidance of 11 percent, analysts feel.
The stock price gained 60 percent in 2017 as order inflow has been quite steady for the company and earnings, too, have been steady.
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