Cholamandalam Investment Q1 profit, net interest income seen up 19%

Cholamandalam Investment's first quarter profit is seen rising 19.3 percent to Rs 197.6 crore compared with Rs 165.7 crore in same quarter last fiscal.

Net interest income may grow 19 percent to Rs 659 crore in June quarter from Rs 553.6 crore in corresponding quarter of previous fiscal, according to average of estimates of analysts polled by CNBC-TV18.

Key things to watch out:-

Analysts said if assets under management growth come around 12-15 percent (against 14.7 percent in Q4FY17), net interest margin above 8.3 percent and gross non-performing assets (4.7 percent) improve then that will be positive.