Bharat Heavy
Electrical's 1st quarter total profit is seen increasing 12.2%
year-on-year to Rs 217 cr. on strong operational performance. Revenue
may increase 2.2 percent to Rs 5,181 cr. from Rs 5,068 cr. at time of
the same period, in accordance with average of estimates of analysts
polled by CNBC reports. The limit for estimated topline, bottomline
and operating profit is large.ClickShare
market tips
The lesser profit
estimated by analysts is Rs 117 crore and maximum Rs 404cr for the
quarter. The range of revenue is Rs 4,054-6,186 crore and operating
profit Rs 150-658 crore. BHEL’s displayed performance is likely to
remain constrained, impacted by muted execution. Sales growth may be
impacted by ongoing execution issues for about 2/3rd of its order
book from the power segment.
By Considering the
range, revenue growth could surprise in June quarter because of
inflated low base in Q1FY15, when BHEL reported 20 percent decline in
revenue. Going ahead, BHEL may benefit from the ongoing of stalled
projects, feel analysts. Operating profit (including other operating
income) may elevate 37.1 percent year-on-year to Rs 299 cr. and
margin may expand 150 basis points to 5.8 percent in June quarter,
which is likely to be supported by low base in Q4FY15, lower
commodity prices and normative run-rate in provisions.
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