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ICICI direct.com has come with its September`12 quarterly earning estimates for power space.
Motilal Oswal has come with its September quarterly earning estimates for utilities sector. Research firm expect utilities companies (excluding Coal India) to report aggregate revenue growth of 9% YoY and PAT de-growth of 2% YoY for 2QFY13.
Emkay Global Financial Services has come with its June quarterly earning estimates for utilities sector. According to the research firm, top line is expected to decline marginally by 0.5% QoQ, while grow by 23.7% YoY.
Power generation company CESC is expected to report a solid growth of 66% year-on-year in its standalone profit after tax of Rs 186 crore for the fourth quarter of FY12, according to CNBC-TV18.
Emkay Global Financial Services has come with its March 2012 quarterly earning estimates for power sector. According to the research firm EBITDA margin will decline by 145bps YoY while to improve by 484bps QoQ. Adjusted net profit will grow by ~47% QoQ and ~7% YoY.
Motilal Oswal has come with its December quarterly earning estimates for utilities sector.
CESC is expected to report a profit after tax of Rs 123 crore in the second quarter of FY12, a fall of 21% as compared to Rs 155 crore in the corresponding quarter of last fiscal.
Angel Broking has come out with its earning estimates on Power sector for the quarter ended September 2011. According to the research firm, CESC Sept quarter net sales are expected to go up by 6% at Rs 1155 crore, year-on-year, (YoY) basis.
Sanjiv Goenka, vice chairman of CESC, joins CNBC-TV18 to discuss the quarterly figures for the company and highlight the future of the industry.
Sanjiv Goenka, Vice Chairman, CESC speaking to CNBC-TV18, spoke about the quarterly performance of the company. He said the generation has been higher than last year and the demand was higher by 7% than last year.
CESC is set to report fourth quarter FY11 profit after tax of Rs 110 crore, a 10% growth as compared to Rs 100 crore in same quarter the previous year.
Angel Broking has come out with its earning estimates on power sector for the quarter ended December 2010. According to the research firm, CESC's December quarter net sales are expected to go up by 46.6% to Rs 1,168 crore, Year-on-Year, (Y-o-Y) basis.