Thermax Q2 PAT may fall 15.8% to Rs 76.7 cr: Poll

Thermax, an engineering solutions provider to energy and environment sectors, will announce its second quarter (July-September) results today. Analysts on an average expect revenues to be impacted by lower order backlog, according to a CNBC-TV18 poll.

Low base effect (EPC revenues were higher in a year ago period) will drive margin expansion and restrict earnings decline in the quarter gone by, feel analysts.

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Profit after tax is expected to decline 15.8 percent year-on-year to Rs 76.7 crore and total income may fall 3.8 percent Y-o-Y to Rs 1,136 crore in the quarter gone by.

Earnings before interest, tax, depreciation and amortisation is likely to rose 4.5 percent on yearly basis to Rs 115 crore and operating profit margin may expand 80 basis points Y-o-Y to 10.2 percent in three-month period ended September 2013.