Gruh Finance is expected to report profit of Rs 91 crore in January-March quarter, a growth of 23 percent compared to Rs 74 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18. The housing finance company will announce its earnings on April 19.
Net interest income, the difference between interest earned and interest expended, may grow 25.5 percent to Rs 118 crore during the quarter compared to Rs 94 crore in same period last year.
Analysts feel loan growth momentum may continue for the company on account of expansion into newer geographies.
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