Havells Q3 PAT seen up 16% at Rs 92 crore

MUMBAI: Havells India is likely to report a 16 per cent jump in standalone net profit at Rs 92 crore for the quarter ended December 2012 as against a net profit of Rs 113 crore in the corresponding quarter last fiscal, says an ET Now poll.

Net sales for the quarter are seen at Rs 1,050 crore, up 17 per cent, compared to Rs 896 crore in the year ago period.

The company’s EBITDA is seen at Rs 140 crore, up 24 per cent, against Rs 113 crore in the same quarter a year ago.

Margins are seen at 13.4 per cent vs 12.6 per cent, year-on-year.

According to the ET Now poll, the consolidated net profit is seen at Rs 102 crore and sales are seen at Rs 1830 crore.

Factors to watch:

New product launches and distribution to aid revenues

Cables and switchgears to lead revenues for the company

Switchgears to be aided by launch of Reo switches

Interest cost savings at Sylvania to help consolidated profits

Sylvania margins expected to be under pressure

Guided 6 per cent EBIDTA margins may be difficult to sustain for Sylvania