State-owned power trading solutions company PTC India's third quarter profit is likely to increase five-fold year-on-year to Rs 36 crore and revenue is seen rising 2.8 percent to Rs 2,903 crore, according to average of estimates of analysts polled by CNBC-TV18.
Operating profit (earnings before interest, tax, depreciation and amortisation) in Q3 may fall 18 percent YoY to Rs 41 crore and margin may contract 37 basis points to 1.4 percent compared to year-ago period.
Analysts expect higher trading volumes but lower tolling volumes.
Key issues to watch out for would be restart of tolling cum trading of operations at Meenakshi & Simhapuri, trading volumes & margin guidance for FY16, commissioning of projects, volumes & margins at tolling projects, short term volumes & realisations, and progress on signing of long-term PPA for untied capacity.
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