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IRB Infrastructure is expected to report a flat profit after tax of Rs 109 crore in the second quarter of FY13 as against Rs 110 crore in the corresponding quarter of last fiscal due to higher depreciation charges.
The second quarter earnings season will kick off with IT major Infosys announcing its results on October 12. Dhananjay Sinha of Emkay Global told CNBC-TV18 that sales growth of IT companies will be muted for Q2.
Road building and real estate firm IRB Infrastructure is set to announce its results today for the quarter ended June 2012. Analysts on an average expect the profit after tax to fall by 15.5% year-on-year to Rs 113 crore in the quarter due to high interest and depreciation costs (on commissioning of projects).
Emkay Global Financial Services has come with its June quarterly earning estimates for construction & infrastructure sector. According to the research firm, revenue for the sector is expected to grow 16% yoy to Rs 97bn.
Angel Broking has come with its June quarterly earning estimates for infrastructure estate sector. According to the research firm, average revenue growth is expected to remain subdued at 13.6% yoy on the back of slowdown in execution.
IRB Infra has successfully retained margins and the company doesn't see any immediate pressure on operating margins.
IRB Infrastructure is expected to report a growth of 6% year-on-year in its consolidated profit after tax of Rs 109 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Angel Broking has come with its quarterly earning estimates on Infrastructure sector for March 2012. According to the research firm, for 4QFY2012, the average revenue growth is expected for coverage universe at 9.9% on the back of slowdown in execution and high base in 4QFY2011 for few companies.
KRChoksey has come with its quarterly earning estimates on infrastructure sector for March 2012. As per the research firm, The aggregate profitability is expected to flat 23% YoY due change in revenue mix & higher other income.
Emkay Global Financial Services has come with its March quarterly earning estimates for Construction & Infrastructure sector. The research firm has maintained positive stance and retain IRB Infrastructure & ABL as top picks in the sector.
IRB Infrastructure Developers CFO Anil Yadav tells CNBC-TV18 that the company's order book is at Rs 9,100 crore at the end of the third quarter.
IRB Infrastructure is expected to report a consolidated profit after tax of Rs 105 crore in the third quarter of FY12, degrowth of 21% as compared to Rs 133 crore in a year ago quarter.
KRChoksey has come with its quarterly earning estimates for Infrastructure sector.
VD Mhaiskar, chairman and managing director of IRB Infra says, the company is holding on the guidance, which it had given at the beginning of the year, of 10% to 15% growth.
IRB Infrastructure, a road developer, is expected to report a consolidated profit after tax of Rs 102 crore in the second quarter of FY12, a rise of 4% as compared to Rs 99 crore in a year ago period.
Angel Broking has come out with its earning estimates on Infrastructure sector for the quarter ended September 2011. According to the research firm, IRB Infrastructure Developers September quarter net sales are expected to go up by 40.1% at Rs 687 crore, year-on-year (YoY) basis.
Dolat Capital has come out with its earning estimates on Infrastructure sector for the quarter ended September 2011. According to the research firm, IRB Infra Sept quarter net sales are expected to go up by 31% at Rs 642.4 crore, year-on-year, (YoY) basis.
VD Mhaiskar, chairman and managing director of IRB Infrastructure Developers in an interview with CNBC-TV18 said that he expects the company's topline to grow by 15-20% in FY12.
IRB Infrastructure Developers is to announce its first quarter results. According to CNBC-TV18's estimates, the company's consolidated net sales are seen up 44% at Rs 736 crore versus Rs 512 crore.
KR Choksey has come out with its earning estimates on infrastructure sector for the quarter ended June 2011. According to the research firm, IRB Infrastructure' June quarter sales are expected to go up by 21% at Rs 618 crore, year-on-year, (YoY) basis
Angel Broking has come out with its earning estimates on infrastructure sector for the quarter ended June 2011. According to the research firm, IRB Infra June quarter net sales are expected to go up by 49.7% at Rs 767 crore, year-on-year, (YoY) basis.
IRB Infrastructure Developers has announced its fourth quarter results. In an interview with CNBC-TV18, VD Mhaiskar, CMD, IRB Infrastructure Developers Ltd says, he expects 15-20% top-line and bottom-line growth in FY12.
IRB Infra is going to announces its Q4FY11 consolidated results. The company’s Q4 net sales are seen up 62% at Rs.811 crore versus Rs 502 crore.0
Emkay Global Financial Services has come out with its earning estimates on construction sector for the quarter ended March 2011. According to the research firm, IRB Infrastructure March quarter sales are expected to go up by 77.4% at Rs 890.1 crore, year-on-year, (YoY) basis.
PINC Research has come out with its earning estimates on Infrastructure & Construction sector for the quarter ended March 2011. According to the research firm, IRB Infrastructure March quarter revenue are expected to go up by 68.7% at Rs 865.5 crore, Year-on- Year, (YoY) basis.