Bajaj Finance Q1 Net Profit seen up 92.5% YoY to Rs. 1,852.1 cr: Emkay Research

Emkay Research 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. 1,852.1 crore up 92.5% year-on-year (up 37.5% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 17.1 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 4,862.9 crore, according to Emkay Research.

Pre Provision Profit (PPP) is likely to rise by 11.4% Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 3,337.2 crore.

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