Sadbhav Engineering's July-September quarter standalone profit is seen rising 140 percent year-on-year to Rs 24 crore due to better traffic growth and higher tariffs in key stretches, according to analysts polled by CNBC-TV18.
Revenue is likely to increase 11 percent to Rs 660 crore from Rs 595 crore in same period led by strong execution in BOT (build-operate-transfer) and irrigation segment. Analysts say the company has been witnessing increase in traffic across projects from July-September 2014 onwards.
In August, company started collection of toll revenue at Kharpi, Biloli, Deori and Muktainagar.
Operating profit is seen rising 15 percent year-on-year to Rs 68 crore and margin may expand 48 basis points to 10.5 percent during the quarter owing to captive order book, which is fixed price in nature.
Key factors to watch out for would be traction in execution, growth in toll collection on BOT road projects (toll trends), commentary on new order wins and update on standalone debt reduction.
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