Non-banking finance company Shriram Transport Finance Corporation's first quarter (April-June) profit is likely to increase 24.8 percent to Rs 400.7 crore on yearly basis, according to average of estimates of analysts polled by CNBC-TV18.
Net interest income is seen rising 23.9 percent to Rs 1,406.6 crore compared with Rs 1,135.6 crore in same period last year.
Net interest income is the difference between interest earned and interest expended.
Key things to watch out for would be asset quality, asset under management (AUM) and net interest margin.
If gross non-performing assets come below 6.5 percent and net interest margin above 7.5 percent then that will be positive, feel analysts.
AUM growth may be under pressure due to lower commercial vehicle sales in June 2016, which was 23.1 percent in Q4FY16.
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