BHEL Q3 net profit likely to fall 4% at Rs 1,371 cr

Bharat Heavy Electricals (BHEL) is going to declare its results for the quarter of financial year 2012-13 on Friday. Analysts on an average expect decline in earnings to continue in the quarter amidst a falling order backlog and paucity of incremental orders. Profit after tax is expected to go down by 4.3 percent year-on-year to Rs 1,371 crore in the December quarter, according to CNBC-TV18 poll. However, net sales are seen going up by 3 percent to Rs 10,862 crore from Rs 10,548 crore during the same period. Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.1 percent YoY to Rs 1,965 crore and EBITDA margin is seen improving 20 basis points YoY at 18.1 percent in October-December quarter. more at: http://www.moneycontrol.com/news/result-poll/bhel-q3-net-profit-likely-to-fall-4-at-rs-1371-cr_816506.html