*Adani Ports Q2 profit seen up 19%, related party loans may fall
-Adani Ports and Special Economic Zone's second quarter profit is seen rising 19 percent year-on-year to Rs 791 crore and revenue may increase 2 percent to Rs 1,878 crore, according to analysts polled by CNBC-TV18.
-Operating profit is expected to be flat at Rs 1,207 crore but margin may shrink 150 basis points to 64 percent on yearly basis.
-Analysts expect cargo to grow by 12.9 percent YoY at 41.2 million tonnes due to strong growth in container cargo and incremental volumes from newer assets.
-Interest cost is likely to decline by 16 percent YoY due to debt refinancing at lower rates. Analysts expect Rs 1,000 crore reduction in related party loans during the quarter, which will be a key factor to watch out for.
*Asian Paints Q2 net may rise 23%, volume growth likely at 12-14%
-Asian Paints is likely to post net profit at Rs 490 crore in July-September up 23 percent from Rs 399 crore in corresponding quarter last fiscal. During the period, total income may rise 9.5 percent at Rs 4140 crore compared to Rs 3779 crore in annual basis.
-Volume growth, in Q2, is seen between 12-14 percent. Post Q1, the management was aiming at double-digit volume growth going forward.
-In Q2, EBITDA is likely to increase 23 percent at Rs 763 crore against Rs 621 crore while margins may rise 200 basis points (bps) at 18.4 percent versus 16.4 percent.
-Realisations may be around 2-3 percent lower due to passage of lower commodity costs. Watch for announcement on any acquisitions in home improvement space.
*Zee Entertainment Q2 profit seen up 23%, ad revenue may grow 15%
-Media and entertainment company Zee Entertainment Enterprises' second quarter profit is seen rising 23.2 percent year-on-year to Rs 305 crore, according to average of estimates of analysts polled by CNBC-TV18.
-Revenue is likely to increase 19 percent to Rs 1,649 crore on yearly basis. Advertising revenue growth during the quarter is expected to be 15 percent at Rs 978 crore driven by telecom, automobile & e-commerce players.
-Subscription revenue is likely to increase 14 percent to Rs 575 crore on new deals.
-EBITDA (earnings before interest, tax, depreciation and amortisation) is seen rising 31 percent year-on-year to Rs 464 crore and margin may expand 280 basis points to 28.4 percent in Q2 (that may decline 40 basis points QoQ).
-Analysts expect sports losses at Rs 10 crore; and other sales to increase due to Rustom. According to them, operating profit margin ex-sports business may be at around 31.5 percent in Q2.
*Gujarat State Fertilisers & Chemicals Q2 profit drops 12%
-Gujarat State Fertilisers and Chemicals reported 12 percent decline in net profit at Rs 125.01 crore for the quarter ended September.
-Its net profit stood at Rs 142.14 crore in the year ago period, the company said in a regulatory filing.
-Total income fell to Rs 1,657.95 crore for the second quarter of this fiscal from Rs 1,814.81 crore in the corresponding period of the previous year.
*Shriram Transport Q2 profit seen up 16%, NII may grow 15%:
-Non-banking finance company Shriram Transport Finance Corporation 's second quarter profit is seen rising 16.4 percent year-on-year to Rs 393.5 crore, according to consensus estimates.
-Net interest income, the difference between interest earned and interest expended, may jump 14.7 percent to Rs 1,369.7 crore in the quarter ended September 2016 compared with Rs 1,193.8 crore in same period last fiscal.
-Analysts say if net interest margin comes above 7.25 percent (against 7.35 percent in Q1) and gross non-performing assets fall below 6.5 percent (6.38 percent in Q1) then that will be positive. They expect asset under management growth at 20-22 percent YoY.
