• SENSEX
    NIFTY 50
Market

Q1 profit of NBFC sector has grown for four years in a row. Will the trend continue?

Updated : July 23, 2019 01:22 PM IST

The NBFC sector has reported an increase in its net profit for the June quarter consecutively for the last four years.
The sector rose 4 percent YoY in FY16, 17 percent in FY17, 17 percent in FY18, and 44 percent in FY19.
The June-quarter earnings will most likely remain muted with financials taking the lead and metals dragging.
Q1 profit of NBFC sector has grown for four years in a row. Will the trend continue?
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV