Profit beats estimates driven by balance sheet momentum, other income YES' Q1FY17 profit beat was driven by a robust 25% beat on other income estimate. The NII however missed estimate by -3.3% despite a strong 33%YoY credit growth (vs. our 28%YoY est.) bringing down the cumulative deviation to -3.2% at operating income line. We believe the miss in NII should get rectified in subsequent quarters given the front loading of growth (~30% of...