Moneycontrol PRO
Upcoming Webinar:Moneycontrol Pro in association with Quants League Sep'21 Edition brings to you to 5-Days Live Algorithmic Options Trading Virtual Conference. Register Now!
you are here: HomeNewsBusiness

Bajaj Finance Q1 Net Profit seen up 30% YoY to Rs. 1,251 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 15 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 3,790 crore, according to Sharekhan.

July 16, 2021 / 12:54 PM IST
Bajaj Finance Ltd. | The stock price jumped 22 percent in H1FY19, 34 percent in H1FY20, and 46 percent in H1FY21.

Bajaj Finance Ltd. | The stock price jumped 22 percent in H1FY19, 34 percent in H1FY20, and 46 percent in H1FY21.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the NBFC sector. The brokerage house expects Bajaj Finance to report net profit at Rs. 1,251 crore up 30% year-on-year (down 7% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 15 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 3,790 crore, according to Sharekhan.


Pre Provision Profit (PPP) is likely to rise by 7% Y-o-Y (up 5 percent Q-o-Q) to Rs. 3,205 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Broker Research

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark