Moneycontrol > News > Business

Feb 02, 2012, 02.04 PM IST

Manappuram Finance PAT likely to rise 99% in Q3

Manappuram Finance, a non-banking financing company, is likely to report a profit after tax of Rs 148 crore in the third quarter of FY12, a massive growth of 99% as compared to Rs 74.5 crore in a year ago quarter.

Source: CNBC-TV18
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Manappuram Finance PAT likely to rise 99% in Q3
Manappuram Finance , a non-banking financing company, is likely to report a profit after tax of Rs 148 crore in the third quarter of FY12, a massive growth of 99% as compared to Rs 74.5 crore in a year ago quarter.


Net interest income is seen going up 76% to Rs 410 crore from Rs 233.4 crore year-on-year.


Expectations


- Accretion in AUM continues to remain strong


- AUM to grow by 12%


- Spreads may see some pressure QoQ


- Some decline in margins due to higher funding cost


- PAT to remain strong due to robust growth in loan book


Related News

Set email alert for

Tags: Manappuram Finance
Srei Infrastructure to buy Austrian bank unit: Paper
Action in Manappuram Finance
Set SMS Alerts on Manappuram Fin
Micromax A110Q Canvas 2 Plus: A Specifications Review
Nine years of UPA: What makes Sonia Gandhi the real hero "Nine years of UPA: What makes Sonia Gandhi the real hero"
UK will never give in to terror: British PM David Cameron
Ishkq In Paris: Will Preity be able to make a comeback?

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

May 23 2013, 16:33

Japan`s fall natural after 80% rally in 6 months: AMP Cap

- in Asian markets

May 23 2013, 09:33

Mkt headed lower; time to sell in May and go away: Sukhani

- in Technicals

Follow moneycontrol.com

Facebook Twitter Google Plus RSS Wap SMS SMS Alert iPad iPhone Blackberry OVI Android Window