Cholamandalam Investment & Finance is expected to post net profit at Rs 159 crore in January-March quarter, up 17.6 percent from Rs 136 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, its net interest income may rise 23.8 percent to Rs 557 crore in Q4FY16 from Rs 450 crore on annual basis.
Key things to watch:
#Merger of equipment finance will be keenly watched due to stress in that book #Increase in gross non-performing assets (GNPA) due to movement to 150dpd classification #Recovery expected in the defaults in equipment finance business#Assets under management to grow by 15 percent #Sustainability of margins at Q3FY16 levels#Outlook on growth for FY17 coupled with what addition would be to NPAs while shifting to 120 dpd of NPA recognition
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