Can Fin Homes Q2 Net Profit may dip 8.3% YoY to Rs. 117.8 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 Can Fin Homes to report net profit at Rs. 117.8 crore down 8.3% year-on-year (up 8.2% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 8.4 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 192.9 crore, according to Motilal Oswal.

Pre Provision Operating Profit (PPOP) is likely to fall by 12.6% Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 163.5 crore.

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