Engineering and electronics conglomerate company Siemens will declare its fourth quarter (July-September) earnings today. According to a CNBC-TV18 poll, analysts on an average expect the company to report profit after tax of Rs 89.7 crore as against reported loss of Rs 55.87 crore in a year ago period.
Total income may decline 3.8 percent year-on-year to Rs 3,247 crore in three-month period ended September 2013, dented by slowdown in execution of energy projects, weak traction in energy and industrial segments, delays in offtake by customers and depletion of order book that has been weak for the past few quarters.
However, operational performance is expected to be strong with the operating profit margin expanding 270 basis points Y-o-Y to 5.7 percent in the quarter gone by.
During the same period, earnings before interest, tax, depreciation and amortisation increased 85.1 percent to Rs 184 crore from Rs 99.5 crore.
Key factors to watch out for are reversal of provisions for cost overruns, pick up in execution and order inflow outlook.
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