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Cholamandalam Investment and Finance Q2 Net Profit seen up 33.6% YoY to Rs. 577.1 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 8.2 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 1,269 crore, according to Motilal Oswal.

October 12, 2021 / 02:48 PM IST
 
 
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Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the NBFC sector. The brokerage house expects Cholamandalam Investment and Finance to report net profit at Rs. 577.1 crore up 33.6% year-on-year (up 76.6% quarter-on-quarter).


Net Interest Income (NII) is expected to increase by 8.2 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 1,269 crore, according to Motilal Oswal.


Pre Provision Operating Profit (PPOP) is likely to rise by 4.6% Y-o-Y (down 5.2 percent Q-o-Q) to Rs. 940.7 crore.


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