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Indiabulls Housing Finance Q3 results today: Net profit likely to decline by 8.8%

Updated : January 31, 2019 09:26 AM IST

Indiabulls Housing Finance is set to announce its quarterly results on Thursday. It may be a weak quarter for Indiabulls Housing Finance given the fact that liquidity crisis has had its negative impact on the housing finance sector.

Here is what to expect from the company today: 

  • Disbursal and assets under management (AUM) growth is expected to come down.

  • AUM growth can be in the range of 15-20 percent unlike 30 percent average seen over the last 2-3 years.

  • Asset quality is expected to remain stable largely.

  • Below 0.9 percent gross non-performing assets (NPA) will be positive. Last quarter the gross NPAs were at 0.77 percent.

  • According to CNBC-TV18's poll, the net interest incomes (NIIs) are expected to come down by 12.8 percent quarter-on-quarter (QoQ) while the net profit can decline by 8.8 percent to about Rs 944 crore.
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