Aditya Birla Group firm Hindalco is likely to report a fall in net profit on account of higher input costs in the third quarter ending December 2011. A sharp depreciation in the rupee is likely to cushion the impact of fall in aluminium prices though.
Shares of the company plunged 6% in a flat market today. That was because Novelis, which contributes a major chunk to Hindalco's revenue, reported Q3 loss of $12 million against a net loss of $46 million (year-on-year). Net sales dipped 4%.
A brokers' poll conducted by NDTV Profit estimates standalone net sales to rise 4.4% year-on-year at Rs 6,240 crore against Rs 5,975 crore. Profit after tax is likely to fall 2.1 per cent to Rs 450 crore against Rs 460 crore (YoY, standalone).
On a sequential basis, net sales are likely to dip 0.5% at Rs 6,240 crore against Rs 6272 crore while Profit after tax is seen falling 10.5% at Rs 450 crore against Rs 503 crore (quarter-on-quarter).
Earnings before interest, tax, depreciation and amortization (EBITDA) margins are seen growing at 10.4% against 12.5% (YoY).
Other factors to watch:
Aluminum, alumina and copper volumes are likely to increase 8%, 8%, 19% (QoQ)
Aluminum blended realization is likely to be down 7% QoQ
Aluminum average LME (London Metal Exchange) price declined 12% QoQ
Copper realization likely to be down 3% QoQ
Aditya Birla Group firm Hindalco is likely to report a fall in net profit on account of higher input costs in the third quarter ending December 2011. A sharp depreciation in the rupee is likely to cushion the impact of fall in aluminium prices though.
Shares of the company plunged 6% in a flat market today. That was because Novelis, which contributes a major chunk to Hindalco's revenue, reported Q3 loss of $12 million against a net loss of $46 million (year-on-year). Net sales dipped 4%.
A brokers' poll conducted by NDTV Profit estimates standalone net sales to rise 4.4% year-on-year at Rs 6,240 crore against Rs 5,975 crore. Profit after tax is likely to fall 2.1 per cent to Rs 450 crore against Rs 460 crore (YoY, standalone).
On a sequential basis, net sales are likely to dip 0.5% at Rs 6,240 crore against Rs 6272 crore while Profit after tax is seen falling 10.5% at Rs 450 crore against Rs 503 crore (quarter-on-quarter).
Earnings before interest, tax, depreciation and amortization (EBITDA) margins are seen growing at 10.4% against 12.5% (YoY).
Other factors to watch:
Aluminum, alumina and copper volumes are likely to increase 8%, 8%, 19% (QoQ)
Aluminum blended realization is likely to be down 7% QoQ
Aluminum average LME (London Metal Exchange) price declined 12% QoQ
Copper realization likely to be down 3% QoQ
Aditya Birla Group firm Hindalco is likely to report a fall in net profit on account of higher input costs in the third quarter ending December 2011. A sharp depreciation in the rupee is likely to cushion the impact of fall in aluminium prices though.
Shares of the company plunged 6% in a flat market today. That was because Novelis, which contributes a major chunk to Hindalco's revenue, reported Q3 loss of $12 million against a net loss of $46 million (year-on-year). Net sales dipped 4%.
A brokers' poll conducted by NDTV Profit estimates standalone net sales to rise 4.4% year-on-year at Rs 6,240 crore against Rs 5,975 crore. Profit after tax is likely to fall 2.1 per cent to Rs 450 crore against Rs 460 crore (YoY, standalone).
On a sequential basis, net sales are likely to dip 0.5% at Rs 6,240 crore against Rs 6272 crore while Profit after tax is seen falling 10.5% at Rs 450 crore against Rs 503 crore (quarter-on-quarter).
Earnings before interest, tax, depreciation and amortization (EBITDA) margins are seen growing at 10.4% against 12.5% (YoY).
Other factors to watch:
Aluminum, alumina and copper volumes are likely to increase 8%, 8%, 19% (QoQ)
Aluminum blended realization is likely to be down 7% QoQ
Aluminum average LME (London Metal Exchange) price declined 12% QoQ
Copper realization likely to be down 3% QoQ
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