Repco home finance Q1 Net Profit seen up 6% YoY to Rs. 68 cr: Sharekhan

Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the NBFC sector. The brokerage house expects Repco home finance to report net profit at Rs. 68 crore up 6% year-on-year (up 8% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 15 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 148 crore, according to Sharekhan.

Pre Provision Profit (PPP) is likely to rise by 18% Y-o-Y (up 7 percent Q-o-Q) to Rs. 128 crore.

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