Siemens India is expected to report a 12.9 percent decline in profit after tax at Rs 130 crore in the quarter ended September 2014 compared to Rs 149 crore in the year-ago period impacted by higher tax rate, according to the average of estimates of analysts polled by CNBC-TV18.
In Q4FY13, profit after tax included an exceptional gain of Rs 52 crore. Hence, after adjustment for the same, profit after tax stands at Rs 97 crore in that quarter.
Total income from operations is seen rising 1 percent to Rs 3,290 crore during the fourth quarter of FY14 from Rs 3,259 crore in same quarter last year. The slow growth in topline may be because of flat or stagnant order backlog at the start of the year and the company has been facing client related issues in specific projects.
Analysts feel the company may continue to report weak traction in energy and industrial segments.
The company follows October-September period as its financial year.
Operating profit (earnings before interest, tax, depreciation and amortisation) may jump 36.4 percent year-on-year to Rs 239 crore and operating profit margin may expand 190 basis points to 7.3 percent in Q4 on the back of a low base and the provisioning in the year-ago period.
Key issues to watch out for are recovery in margins, reversal of provisions for cost overruns, pick up in execution apart from order inflow, and comments on order inflow.
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