Power Finance Corporation Q1 profit, NII may fall over 7%

State-run Power Finance Corporation (PFC) is expected to show more than 7 percent degrowth year-on-year in profit as well as net interest income for the quarter ended June 2016, according to average of estimates of analysts polled by CNBC-TV18.

August 09, 2016 / 10:27 IST

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State-run Power Finance Corporation (PFC) is expected to show more than 7 percent degrowth year-on-year in profit as well as net interest income for the quarter ended June 2016, according to average of estimates of analysts polled by CNBC-TV18.

Net profit during the quarter is likely to be at Rs 1,458.4 crore against Rs 1,576.7 crore and net interest income at Rs 2,585.9 crore against Rs 2,792 crore YoY.

Key things to watch out for would be UDAY bond (which may lead to decline in loan book), lower slippages and gross non-performing assets.

first published: Aug 9, 2016 10:27 am

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