Lanco Infratech's fourth quarter consolidated loss may be narrowed to Rs 485 crore from Rs 797 crore in the same quarter last year, according to the average of estimates of analysts polled by CNBC-TV18.
Total income from operations is seen falling 12.8 percent to Rs 2,408 crore during January-March quarter compared to Rs 2,762 crore in the year-ago period. Operating profit may shot up 131.1 percent year-on-year to Rs 548 crore and margin may expand 1420 basis points to 22.8 percent during March quarter.
Factors to watch out for are commentary on additional cash from lenders post CDR and any news on sale of assets. Profitability of operational projects in light of resolution of infra/fuel availability/other related issues needs to be watched. Also, recovery of receivables in operational projects and progress on under construction projects need to be monitored. Griffin stake sale and equity dilution at SPV/holding company will also be closely watched.
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