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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.

January 18, 2017 / 14:53 IST
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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.

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

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.