HomeNewsBusinessEarningsRepco Home Finance Q1 profit, net interest income seen up 23%

Repco Home Finance Q1 profit, net interest income seen up 23%

Key things to watch out for would be asset quality, AUM growth and net interest margin.

August 04, 2017 / 13:15 IST
Story continues below Advertisement
JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.
JSW Holdings | Cash flow from operation in FY18: Rs 66 crore, FY19: Rs 89 crore and in FY20: Rs 103 crore. In the past 3-year, the stock price has risen 40 percent to Rs 2450 on August 25, 2020.

Repco Home Finance's first quarter profit is seen rising 22.8 percent year-on-year to Rs 48.5 crore from Rs 39.5 crore, according to average of estimates of analysts polled by CNBC-TV18.

Net interest income is likely to increase 22.8 percent to Rs 103.2 crore from Rs 84 crore on year-on-year basis.

Story continues below Advertisement

Key things to watch out for would be asset quality, AUM growth and net interest margin.

Analysts said if asset under management growth comes above 15 percent and net interest margin above 4.4 percent then that will be positive.

first published: Aug 4, 2017 01:15 pm

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!