Shriram Transport Finance Company's net profit may slip 3 percent at Rs 307 crore in March quarter, down 3 percent from Rs 317 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, net interest income may fall 17.5 percent at Rs 1275 crore in Q4 against Rs 1085 crore on annual basis.
Key things to watch:
#Merger of equipment finance will be keenly watched due to stress in that book #Increase in gross non-performing asset (GNPA) due to movement to 150 dpd classification #Recovery expected in the defaults in equipment finance business#Assets under management to grow by 15 percent #Sustainability of margins at Q3FY16 levels#Outlook on growth for FY17 coupled with what addition would be to NPA’s while shifting to 120dpd of NPA recognition
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