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Net interest income during the quarter may increase 1.7 percent to Rs 2,915.1 crore, compared with Rs 2,867 crore in same period last fiscal, according to average of estimates of analysts polled by CNBC-TV18.
State-run Power Finance Corporation (PFC) is expected to show more than 7 percent degrowth year-on-year in profit as well as net interest income for the quarter ended June 2016, according to average of estimates of analysts polled by CNBC-TV18.
Net interest income, the difference between interest earned and interest expended, may rise 15.7 percent to Rs 2,944 crore in quarter ended December 2015 compared to Rs 2,545 crore in year-ago period.
Net interest income growth is expected to be healthy, which is seen rising 14 percent to Rs 2,838 crore during the quarter compared to Rs 2,492 crore in same quarter last year with loan book growth around 13-14 percent.
Net interest income, the difference between interest earned and interest expended, may grow by 12 percent to Rs 2,571 crore from Rs 2291 crore during the same period. In Q4FY15, it grew by 13 percent.
Power Finance Corporation's third quarter profit is expected to be impacted due to higher provisions. Profit is likely to increase 3.6 percent year-on-year to Rs 1,589.3 crore during the quarter, according to the average of estimates of analysts polled by CNBC-TV18.
Net interest income is seen rising 12 percent to Rs 2,367 crore from Rs 2,111 crore during the same period.
Also watch out for restructuring on Lanco. The management said Rs 2,700 crore exposure to Lanco is closely monitored as it is facing cash flows issues due to delayed payment from UP and Karnataka.
Analysts expect loan growth of PFC to remain healthy at over 20 percent Y-o-Y. Advances had grown 23 percent in Q4 - the generation segment (79 percent of loans) was the largest contributor.
Motilal Oswal expects Power Finance Corporation to report a 3.8 percent degrowth quarter-on-quarter (growth of 20.4 percent year-on-year) in net profit at Rs 1238.8 crore.
Satnam Singh, chief managing director, Power Finance Company says the company may see a non performing asset (NPA)- Konaseema Gas becoming a standard asset if the court rules in favour of it.
Motilal Oswal has come with its March`13 quarterly earning estimates for financial sector. The research firm expects reforms and monetary easing to continue, thereby growth is expected to revive gradually.
Satnam Singh, CMD, Power Finance Corporation Limited (PFC) said they are looking at buying stake in a bank to ensure their payment security mechanism. He believes, PFC is on track to fulfil the RBI‘s 0.25 percent criteria for provisions in three years times.
State-controlled Power Finance Corporation (PFC) is set to declare its results for the third quarter of financial year 2012-13 on Wednesday. Analysts on an average expect profit after tax (PAT) of the company to fall by 8 percent year-on-year to Rs 1,018 crore in the quarter.
Motilal Oswal has come with its December`12 quarterly earning estimates for banking sector. The research firm expects RBI to start cutting interest rates from 4QFY13.
Motilal Oswal has come with its September quarterly earning estimates for Financials sector. According to the research firm, banking coverage universe is expected to report healthy PAT growth of 19% YoY, largely driven by 23% YoY profit growth from private sector banks.
State-owned Power Finance Corporation, a finance provider to power projects, is set to declare its results for the quarter ended June 2012 on Wednesday. Analysts on an average expect the profit after tax to grow by 28% year-on-year to Rs 882 crore during the quarter.
State-run Power Finance Corporation (PFC) today reported a near 16% increase in net profit at Rs 3,032 crore for the financial year ended March 31, 2012.
Power Finance Corporation is expected to report a growth of 26% year-on-year in its profit after tax of Rs 765 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Power Finance Corporation is expected to report a growth of 26% year-on-year in its profit after tax of Rs 765 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Satnam Singh, CMD of PFC said net interest margin and spread are also likely to improve in the next financial year with RBI putting a full stop on lending rates.
Power Finance Corporation is expected to report a profit after tax of Rs 514 crore in the October-December quarter of FY12, degrowth of 22% as compared to Rs 659 crore in the corresponding quarter of last fiscal.
Motilal Oswal has come with its December quarterly earning estimates for financial sector.
Even though the company reported a 40% drop in Q2 profits due to forex losses, Satnam Singh, chairman and managing director of PFC tells CNBC-TV18 that they will not change their hedging position because they redemptions are not due soon.
Power Finance Corporation (PFC), a lender to power projects, is expected to report a profit after tax of Rs 411 crore in the second quarter of FY12, a fall of 41% as compared to Rs 700 crore in the corresponding quarter of last fiscal.