Power Finance Corporation (PFC) will announce its third quarter (October-December) earnings today. According to CNBC-TV18 poll, analysts said the key issues to watch out for this quarter is any deterioration in asset quality against the backdrop of challenging fuel linkages because that will have an impact on yields and spreads.
Disbursement trends especially transitional finance to state electricity boards is expected to be muted in the quarter gone by.
Also watch out for restructuring on Lanco. The management said Rs 2,700 crore exposure to Lanco is closely monitored as it is facing cash flows issues due to delayed payment from UP and Karnataka.
Profit after tax is likely to increase 19 percent to Rs 1,334 crore while net interest income may rise 28 percent to Rs 2,148 crore compared to same quarter last year due to healthy loan growth.
PFC may record mark-to-market loss of Rs 125 crore in the quarter gone by.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
