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Shriram City Union Finance Q3 profit seen up 38%, NII could grow 19%

Analysts said if disbursement growth comes above 15 percent (10.2 percent in Q2), AUM growth above 15 percent (16.4 percent in Q2) and gross non-performing assets below 7 percent (6.91 percent) then that would be taken positively by the Street.

January 25, 2018 / 12:01 PM IST
 
 
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Non-banking finance company Shriram City Union Finance is expected to report healthy growth in December quarter as profit is seen rising 38.4 percent year-on-year to Rs 218.3 crore.

Net interest income during the quarter is likely to increase 18.7 percent to Rs 904.7 crore compared to Rs 762.4 crore in year-ago, according to average of estimates of analysts polled by CNBC-TV18.

Key things to watch out:

Analysts said if disbursement growth comes above 15 percent (10.2 percent in Q2), AUM growth above 15 percent (16.4 percent in Q2) and gross non-performing assets below 7 percent (6.91 percent) then that would be taken positively by the Street.
first published: Jan 25, 2018 12:01 pm

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