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
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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.

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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.