CNBC TV18
LIVE TV

Home

Latest News
Featured

Live TV

Market Live
Minis
Podcasts

CNBC-TV18 Specials

Photos
CNBC-TV18 Binge
Storyboard

Sections

Terms and Conditions

homevideos Newsfinance NewsBajaj Finance Q1 Earnings Preview: Strong profit growth likely

Bajaj Finance Q1 Earnings Preview: Strong profit growth likely

Bajaj Finance will report its June-quarter earnings on Thursday and analysts expect the company to report robust net profit growth this time.

Profile image

By Abhishek Kothari  Jul 25, 2019 8:43:56 AM IST (Published)

Listen to the Article(6 Minutes)
Bajaj Finance will report its June-quarter earnings on Thursday and analysts expect the company to report robust net profit growth this time.

  • A CNBC-TV18 poll suggests that the net interest income (NII) growth will be around 28 percent while net profit is seen up 50 percent on a YoY basis and about 7 percent on a sequential basis.
  • The assets under management (AUM) growth for Bajaj Finance at 41 percent on-year is perhaps the best in the last 11 quarters.
  • The new loans book has grown by 30.5 percent YoY and about 25 percent quarter-on-quarter (QoQ). In Q4 there was a decline in new loans book by almost 14 percent on a sequential basis.
  • The customer base has increased by 30 percent YoY and about 7 percent sequentially. So sustaining the gross non-performing assets (NPA) at current levels of 1.54 percent will be positive.
  • The net interest margin movement will be seen very closely given the fact that the cost of funds has increased for non-banking financial companies (NBFCs).
    • Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

    Tags

    Assets Under ManagementAUM growthBajaj Finance Q1 todayloan book

    Lok Sabha Election 2024: Phase 5 voting concludes with over 57% voter turnout, experts weigh in on key battles

    May 20, 2024 11:07 PM

    BJP holds meeting in Delhi as polling underway for 5th phase

    May 20, 2024 4:21 PM

    UP Police arrests man after viral videos shows him voting multiple times

    May 20, 2024 2:18 PM

    Lok Sabha Election 2024 Phase 5: Over 57% voter turnout recorded, highest in West Bengal at 73%

    May 20, 2024 10:30 AM
    View More

    Most Read

    Share Market Live

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CurrencyPriceChange%Change