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HomeNewsBusinessEarningsBajaj Finance Q1 net seen up 39% at Rs 383 cr, NII may jump 36%

Bajaj Finance Q1 net seen up 39% at Rs 383 cr, NII may jump 36%

Key things to watch out for would be asset quality, AUM growth and commentary on rural economy.

July 25, 2016 / 17:45 IST
     
     
    26 Aug, 2025 12:21
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    Bajaj Finance's first quarter (April-June) profit is seen rising 38.8 percent year-on-year to Rs 382.6 crore and net interest income is likely to jump 36.1 percent to Rs 1,217.3 crore, according to CNBC-TV18's consensus estimates.

    Net interest income is the difference between interest earned and interest expended.

    Key things to watch out for would be asset quality, AUM growth and commentary on rural economy.

    If gross non-performing assets come below 1.3 percent (against 1.23 percent in Q4FY16) then that may be positive.

    Analysts expect asset under management at 30-35 percent against 36.5 percent in Q4FY16.

    first published: Jul 25, 2016 05:45 pm

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