Shriram Transport Finance, a non-banking finance company, is likely to report a profit after tax of Rs 314.4 crore in the October-December quarter of FY12, a growth of 4% as compared to Rs 301.4 crore in a year ago quarter.
Net interest income is expected to be flat at Rs 835 crore versus Rs 836.6 crore year-on-year.
Expectations
- Disbursements likely to be flat YoY
- Asset quality likely to remain healthy
* But slippages might increase
- NIMs may come down by 20-25 bps due to rise in cost of funds
- Loan growth to remain weak 10-12% yoy
- Asset quality/guidance on loan book are key watchables
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