Jaiprakash Associates is to announce its fourth quarter results. According to CNBC-TV18's estimates, net sales are seen up 8% at Rs 4210 crore versus Rs 3905 crore.
State-owned capital goods company BHEL already announced its provisional numbers for the fourth quarter of FY12 and financial year in April. The company will declare its audited results today.
Private power producer Tata Power is expected to report a consolidated profit after tax of Rs 487 crore for the fourth quarter of FY12, down 26% as compared to Rs 662 crore in a year ago period, according to CNBC-TV18 poll.
Engineering and construction company Larsen & Toubro's total income is seen going up by 22% year-on-year to Rs 18,843 crore for Q4FY12.
GVK Power and Infrastructure is expected to report a consolidated loss at Rs 11 crore for the fourth quarter of FY12 as against profit after tax of Rs 37 crore in a year ago period, according to CNBC-TV18 poll.
Transformer manufacturer Crompton Greaves' net sales jumped 26.4% to Rs 3,030 crore from Rs 2,397 crore year-on-year.
L&T an engineering and construction company, is expected to report a profit after tax of Rs 895 crore in the third quarter of FY12, a growth of 6% as compared to Rs 840 crore in the corresponding quarter of last fiscal
The entire power sector has been under pressure mainly on the back of a media report that came out yesterday. The reports suggested that the Ministry of Power is proposing to cap tariff sold from power projects, which have captive coal blocks or assured domestic coal linkages, informed CNBC-TV18’s Priyanka Dalmia.
The appellate tribunal of electricity has directed state electricity regulators to ensure that tariff determination of expenses are carried out every year, reports CNBC-TV18's Priyanka Dalmia.
A lot of infrastructure companies came out with their earnings over the weekend, reports CNBC-TV18's Priyanka Dalmia.
In yesterday’s session, when the markets consolidated, it was the entire infrastructure space which rallied pretty hard. Many brokerages have turned positive with respect to infrastructure stocks, reports CNBC-TV18’s Priyanka Dalmia.