If they report 15% of cash as Profit (assuming this loan is part of a wholesale pool valued at Rs 1), then it will result in a Profit of Rs 382 cr.
Give or take a few cr of expenses; it should result in more than 200-300 cr of Profit. If that is the case (although this is too good to be true as I feel I am missing something), it is the PAT PEL who shall report on the quarterly operations (if they choose to report).
The remaining 85% – 2167cr- shall be as provided as a security receipt. I am unsure if this will be paid any interest on it, although PEL may benefit if JM Financial ARC recovers more than they paid for.
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