Shriram City Union Finance Q3 profit seen up 13%, AUM growth key

Non-banking finance company Shriram City Union Finance's profit in Q3 may grow 13.1 percent year-on-year to Rs 193 crore and net interest income is seen rising 15.2 percent to Rs 745.9 crore.

January 30, 2017 / 11:20 IST

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Non-banking finance company Shriram City Union Finance's profit in Q3 may grow 13.1 percent year-on-year to Rs 193 crore and net interest income is seen rising 15.2 percent to Rs 745.9 crore, according to average of estimates of analysts polled by CNBC-TV18.

Key things to watch out for:Disbursement growth may be impacted due to demonetisation (growth was 23 percent in Q2 YoY)If gross non-performing assets come below 5.25 percent (against 4.96 percent in Q2) then that will be positiveAsset under management growth will be keenly seen (Q2 was at 18 percent)

first published: Jan 30, 2017 09:20 am

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