Non-banking finance company Shriram Transport Finance Corporation's second quarter profit is seen rising 16.4 percent year-on-year to Rs 393.5 crore, according to consensus estimates.
Net interest income, the difference between interest earned and interest expended, may jump 14.7 percent to Rs 1,369.7 crore in the quarter ended September 2016 compared with Rs 1,193.8 crore in same period last fiscal.
Analysts say if net interest margin comes above 7.25 percent (against 7.35 percent in Q1) and gross non-performing assets fall below 6.5 percent (6.38 percent in Q1) then that will be positive. They expect asset under management growth at 20-22 percent YoY.
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