AAVAS Financiers Q2 Net Profit seen up 41.8% YoY to Rs. 93.9 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the NBFC sector. The brokerage house expects AAVAS Financiers to report net profit at Rs. 93.9 crore up 41.8% year-on-year (up 56.7% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 23.2 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs. 158.5 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to rise by 35.8% Y-o-Y (up 36.9 percent Q-o-Q) to Rs. 125.8 crore.

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