HomeNewsBusinessEarningsBharat Financial Q4 profit seen down 83% to Rs 14 cr but NII may grow 31%

Bharat Financial Q4 profit seen down 83% to Rs 14 cr but NII may grow 31%

Net interest income is likely to jump 30.9 percent year-on-year to Rs 217.2 crore against Rs 165.9 crore.

April 29, 2017 / 15:46 IST
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Micro-lender Bharat Financial Inclusion's fourth quarter profit is seen falling sharply by 83.1 percent to Rs 14.2 crore compared with year-ago period.

However, according to average of estimates of analysts polled by CNBC-TV18, net interest income is likely to jump 30.9 percent year-on-year to Rs 217.2 crore against Rs 165.9 crore.

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Key things to watch out for:

The company has Rs 306 crore of stressed assets on its balance sheet.