Rural Electrification Corporation (REC), is to announce its fourth quarter FY11 results. According to CNBC-TV18's estimates, the company's net interest income (NII) is seen up 26% at Rs 905 crore versus Rs 717 crore.
Its PAT is seen up 21% at Rs 680 crore versus Rs 561 crore.
Other expectations
Loan growth: 21%
Margins could fall by 15-20 bps due to higher cost of funds
Cost of funds should remain under control due to:
Raised rates by 50bps in 4QFY11
Raised ECBs worth $500 mn in Jan 2011
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