Moneycontrol
Apr 23, 2018 01:08 PM IST | Source: Moneycontrol.com

Cholamandalam Investment & Finance Q4 PAT seen up 24.5% YoY to Rs. 273.3 cr: Prabhudas Lilladher

Net Interest Income is expected to increase by 24.9 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 823.6 crore, according to Prabhudas Lilladher.

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Prabhudas Lilladher has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Banking & Financial Services sector. The brokerage house expects Cholamandalam Investment & Finance to report net profit at Rs. 273.3 crore up 24.5% year-on-year (up 9.7% quarter-on-quarter).


Net Interest Income is expected to increase by 24.9 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 823.6 crore, according to Prabhudas Lilladher.


Prabhudas Lilladher’ earnings estimates on Cholamandalam Investment & Finance


We expect steady loan growth on the back of good CV growth. Likely lowering credit cost to lead to better earnings growth. Margin should likely come down marginally QoQ.


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