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SKS Microfinance Q1 net seen up 54%, NII may zoom 95%

Analysts polled by CNBC-TV18 say that SKS Microfinance's margin may improve on account of lowering interest rate.

May 04, 2016 / 08:55 IST
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SKS Microfinance is likely to report net profit at Rs 88 crore in January-March quarter, up 54.2 percent from Rs 57 crore in corresponding quarter last fiscal. According to a CNBC-Tv18 poll, the lender may see net interest income (NII) growing 94.6 percent at at Rs 178 crore in Q4FY16 against Rs 91 crore in year-ago period.

Analysts polled by CNBC-TV18 say that SKS Microfinance's margin may improve on account of lowering interest rate.

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Key things to watch#Growth in AUM & disbursement#Increase in average ticket size due to RBI allowance#Decline in cost of funds expected (going ahead, due to shift to MCLR based rates by banks)#Growth rate for FY17

first published: May 3, 2016 05:23 pm

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