Real-time Stock quotes, portfolio, LIVE TV and more.
|
May 08, 2012, 11.53 AM IST
Commercial vehicle financing company Shriram Transport Finance is expected to report a fall of just 1% year-on-year in its profit after tax of Rs 337 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Net interest income too is seen going down by 7% to Rs 300 crore for the January-March quarter of 2012 versus Rs 324.3 crore in a year ago period. During the same period, however, net interest income including securitization is likely to increase 8.5% to Rs 837 crore. Highlights - Muted growth in net profit due to higher provisions - Margin uptick of 10 basis points owing to securitization benefit of last year - Securitization income expected to grow 17% - AUM growth to moderate to 12% YoY - Disbursements expected to decline YoY due to growth slowdown in new CV space - Asset quality and provisions likely to remain stable
Related News Set email alert for |
Action in Shriram Transport Finance Corporation
News Videos
|