Non-banking finance company Bajaj Finance is expected to report a 32 percent growth in profit at Rs 559.6 crore in June quarter on year-on-year basis.
According to average of estimates of analysts polled by CNBC-TV18, net interest income is seen rising 38.7 percent to Rs 1,778.4 crore from Rs 1,282.6 crore year-on-year.
Key things to watch out for:-
Analysts say if gross non-performing assets come below 1.8 percent (against 1.68 percent in Q4FY17) then that will be positive.
The growth in assets under management is expected at 35-40 percent against 36.1 percent in Q4.
Analysts feel inventory sales should be a boost for consumer finance business.
SME business outlook due to GST, commentary with respect to new product on small ticket consumption spends and farm loan waiver impact on customer behavior will be closely watched.
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