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Net Interest Income (NII) is expected to increase by 3.3 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 144.2 crore, according to Motilal Oswal.
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.
Net Sales are expected to increase by 12.8 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs 157 crore, according to Sharekhan.
Net Sales are expected to increase by 1.1 percent Q-o-Q to Rs. 116.4 crore, according to Motilal Oswal.
Repco Home Finance disappointed in Q3 as asset quality in the loan against property (LAP) portfolio deteriorates in the self-employed category which leads to earnings coming in below estimates. In an interview with CNBC-TV18, R Varadarajan, MD of Repco Home Finance spoke about the results and his outlook for the company.
Repco Home Finance's asset quality deteriorated significantly in Q1 but lower provisions aids earnings.
Key things to watch out for would be asset quality, AUM growth and net interest margin.
The growth last quarter came from tier-II and tier-III cities, particularly in the underserved and non-salaried section, says R Varadarajan, MD, Repco Home Finance.
With a presence in over 70 districts of Tamil Nadu, about 50 percent of Repco‘s presence is in the southern region, says V Raghu of Repco Home Finance