Unitech Q4 profit seen falling 19% to Rs 86cr

NEW DELHI: Unitech is expected to report a 19 percent decline in net profit to Rs 86 crore in the fourth quarter ended 31 March 2012 from Rs 105 crore in the fourth quarter of last year, according to an ET Now poll. Net sales are seen falling by a steep 42 percent to Rs 1,054 crore from Rs 608 crore in the year ago period.

Net sales seen at Rs 608 crore vs Rs 1,054 crore, down 42% YoY
Net profit seen at Rs 86 crore vs Rs 105 crore, down 19% YoY
EBITDA seen at Rs 137 crore vs Rs 168 crore, down 19% YoY
Margins seen at 22.4% vs 15.9%

Key Factors:

Limited launches by company in Q4
Execution to be keep revenues muted for company
Realisations expected to be lower in Q4
Interest costs to hit profits for company
Management has guided Rs 4,500 crore revenues in FY12