PFC Q4 NII likely to jump 38% at Rs 1,141 cr

By Avni Raja, Research Analyst at CNBC-TV18

Power Finance Corporation is expected to report a growth of 26% year-on-year in its profit after tax of Rs 765 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Net interest income is seen going up by 38% YoY to Rs 1,141 crore for the January-March quarter of 2012. Expectations
 
- Expect loan growth of 25%
- Asset quality may remain under pressure.
- Higher provisioning expenses of Rs 65 Cr Vs 39 Cr QoQ
May report hydro power project (Shree Maheshwar Hydel) as NPA
**Has Rs 700 crore exposure
**Could drag earnings
- Some margin erosion likely on the back of elevated funding costs Also watch the accompanying video...