July 23, 2013 / 12:31 IST
Shriram Transport Finance Corporation is set to announce its first quarter (April-June) numbers today. Analysts on an average expect the company's standalone profit after tax to grow by 11 percent year-on-year to Rs 358 crore, according to CNBC-TV18 poll.
Net interest income (NII) is seen going up by 16 percent to Rs 934 crore in June quarter from Rs 802 crore reported in a year ago period.
NII estimate included securitization that will pick up in percentage growth rates. In previous quarter, NII had jumped 11 percent.
Analysts expect asset under management growth of 20-22 percent in June quarter.
Disbursements on quarter-on-quarter basis may see some decline due a high base while disbursements are expected to grow by 18 percent Y-o-Y. In fourth quarter (January-March), disbursements rose by 10 percent Q-o-Q and 55 percent Y-o-Y).
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