Shriram City Union Finance may report net profit at Rs 136 crore in January-March quarter, down 9 percent from Rs 150 crore in corresponding quarter last fiscal. According to a CNC-Tv18 poll, net interest income (NII) is seen up 12 percent at Rs 629 crore against Rs 562 crore on annual basis.
Here are key things to watch out#Migration to 150 dpd NPA norms could put some pressure on the asset quality. #This in turn could lead to increase in provision expenses and thereby hurting profitability#Assets under management (AUM) to grow between 16-18 percent#Net interest margins to decline on account of defaults
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.
