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Last Updated : Nov 02, 2015 06:01 PM IST | Source: CNBC-TV18

PFC Q2 profit seen up 20%, NII growth may be healthy at 14%

Net interest income growth is expected to be healthy, which is seen rising 14 percent to Rs 2,838 crore during the quarter compared to Rs 2,492 crore in same quarter last year with loan book growth around 13-14 percent.

 
 
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State-run Power Finance Corporation's (PFC) July-September quarter profit is likely to increase 19.5 percent year-on-year to Rs 1,683.7 crore, according to analysts polled by CNBC-TV18.


Net interest income growth is expected to be healthy, which is seen rising 14 percent to Rs 2,838 crore during the quarter compared to Rs 2,492 crore in same quarter last year with loan book growth around 13-14 percent.


According to analysts, provisions could continue to trend above Rs 200 crore for the quarter against Rs 248 crore in preceding quarter.

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Asset quality will remain a key monitorable in September quarter. Disbursements will be closely watched, which were down 6.4 percent Y-o-Y in Q1FY16 leading to sub 14 percent loan growth.


Net interest margin is likely to be stable above 5 percent during the quarter.



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First Published on Nov 2, 2015 06:01 pm
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