HomeNewsBusinessMAS Financial Q2 Net Profit seen up 13.9% YoY to Rs. 39 cr: Motilal Oswal

MAS Financial Q2 Net Profit seen up 13.9% YoY to Rs. 39 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 5.2 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 86.5 crore, according to Motilal Oswal.

October 12, 2021 / 15:26 IST
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MAS Financial Services Q1 | Profit at Rs 35.63 crore versus Rs 40.7 crore, revenue at Rs 158.7 crore versus Rs 159 crore YoY. (Image: mas.co.in)
MAS Financial Services Q1 | Profit at Rs 35.63 crore versus Rs 40.7 crore, revenue at Rs 158.7 crore versus Rs 159 crore YoY. (Image: mas.co.in)

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the NBFC sector. The brokerage house expects MAS Financial to report net profit at Rs. 39 crore up 13.9% year-on-year (up 5.8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 5.2 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 86.5 crore, according to Motilal Oswal.

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Pre Provision Operating Profit (PPOP) is likely to fall by 4.6% Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 66.5 crore.

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