Moneycontrol PRO
HomeNewsBusinessEarningsBajaj Finance Q3 net may grow 17% to Rs 477 cr, NII seen up 20%

Bajaj Finance Q3 net may grow 17% to Rs 477 cr, NII seen up 20%

Non-banking finance company Bajaj Finance is expected to report a 16.8 percent growth in third quarter profit at Rs 477.1 crore compared with Rs 408.5 crore in year-ago period.

January 30, 2017 / 11:32 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Non-banking finance company Bajaj Finance is expected to report a 16.8 percent growth in third quarter profit at Rs 477.1 crore compared with Rs 408.5 crore in year-ago period.

    Net interest income during the quarter is seen rising 19.7 percent to Rs 1,580.7 crore compared with Rs 1,320.3 crore in corresponding quarter of last fiscal, according to analysts polled by CNBC-TV18.

    Key things to watch out for would be:-Demonetisation is expected to take a toll on disbursements-Asset under management growth could be lagged from 3-wheeler & consumer durable segment-Collection efficiency data will be seen closely-If gross non-performing assets come below 1.8 percent then that will be positive (against 1.58 percent in Q2)

    first published: Jan 30, 2017 09:32 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347