Anil Dhirubhai Ambani Group company Reliance Infrastructure is likely to report a 8.6 percent growth in consolidated profit after tax at Rs 464 crore in September quarter compared to Rs 427 crore in same quarter last year led by strong operational performance, according to the average of estimates of analysts polled by CNBC-TV18.
Total income from operations is seen falling 19.9 percent to Rs 3,985 crore in the second quarter of current financial year 2014-15 from Rs 4,977 crore in the year-ago period.
Operating profit (EBITDA) may jump 41.8 percent year-on-year to Rs 1,083 crore and margin may expand 1180 basis points to 27.2 percent in July-September quarter.
On standalone basis, profit is seen falling 0.6 percent on yearly basis to Rs 344 crore and total income declining 13.4 percent to Rs 2,453 crore in the quarter gone by. Operating profit is likely to slip 3.7 percent to Rs 459 crore but margin may jump 190 basis points to 18.7 percent year-on-year.
Continued decline in contribution from EPC segment led by a declining order book has impacted revenue visibility, which is a concern for the company, say analysts.
Infact, EPC revenues in FY15 may get impacted due to prolonged delay in the large capacity projects of Chittrangi, Krishnapattnam and Tilaiya, they add.
Current order book stands at Rs 7,500 crore.
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