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Last Updated : Jan 18, 2017 02:53 PM IST | Source: CNBC-TV18

Ujjivan Q3 net seen up 97%, provisions may dent earnings growth

Non-banking finance company Ujjivan Financial Services' quarterly earnings may see slowdown post demonetisation. Even political uncertainty & provisions thereof could dent earnings growth.

 
 
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Non-banking finance company Ujjivan Financial Services' quarterly earnings may see slowdown post demonetisation. Even political uncertainty & provisions thereof could dent earnings growth.


According to average of estimates of analysts polled by CNBC-TV18, profit is seen rising 96.7 percent sequentially to Rs 75.7 crore but net interest income may fall 6.4 percent to Rs 209.2 crore in the quarter gone by.


Key things to watch out for would be sequential growth in AUM, net interest margin, operating expenses and disbursement.

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Analysts say if sequential growth in AUM comes at around 6-8 percent and net interest margin above 12 percent (against 13 percent in Q2FY17) then that will be positive.


According to them, disbursement may have taken a hit post demonetisation.



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First Published on Jan 18, 2017 02:53 pm
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