SP Tulsian`s view on Century Textile, PVR, Adani Port

SP Tulsian, sptulsian.com shares his view on Century Textile, PVR and Adani Port.

Tulsian told CNBC-TV18, “Adani Power has posted good numbers and even I like the numbers of PVR also where they have shown the profits against the losses because if you see they had posted a loss of about Rs 13 crore. Even I like the numbers of Century Textiles because the continuation of the losses in the paper division was very much anticipated and if you just exclude the increase in the interest burden but if you see the core operations, the textile has for the first time has posted an EBIT of about Rs 17 crore.”
He further added, “Similar is the case with cement where they have shown a sequential growth of about 250% in the EBIT and similar is the case with Adani Port where they have again shown very good numbers. But I am highly disappointed with Adani Power results where the losses have been very steep and if you see the raw material cost which was at 74% of Q4 of FY12 has increased to about 96% and largely because of the 16% forex losses which I will in fact attribute to the operational performance only of about Rs 244 crore. So, Adani Power has been disappointment but the positive surprises came in from Century Textile, PVR and Adani Port.”