LIC Housing Finance witnessed a 25% surge in Q4 net profit, reaching Rs 1368 crore, driven by reduced pro ...More

LIC Housing Finance witnessed a 25% surge in Q4 net profit, reaching Rs 1368 crore, driven by reduced provisions for bad loans. While net interest margin (NIM) dipped to 2.86% year-on-year, it improved compared to the previous quarter. Total loan disbursement increased by 5% to Rs 19156 crore, with individual home loans contributing significantly. ...Less

The net profit in the year-ago period was Rs 1,180 crore. The company's board recommended a 450% dividend ...More

The net profit in the year-ago period was Rs 1,180 crore. The company's board recommended a 450% dividend for FY24. In other words, shareholders would get Rs 9 per equity share of Rs 2 each, subject to their approval. ...Less

Total provisions rose close to 40 times to Rs 977 crore from Rs 27 crore a year ago and higher than the R ...More

Total provisions rose close to 40 times to Rs 977 crore from Rs 27 crore a year ago and higher than the Rs 181 crore reported in the quarter ended December 2020. ...Less

Income for 2019-20 increased to Rs 19,706.88 crore, from Rs 17,398.46 crore. ...More

Income for 2019-20 increased to Rs 19,706.88 crore, from Rs 17,398.46 crore. ...Less

LIC Housing Finance's net profit has witnessed a growth of 5.5% at INR 1,180.3 crores in Q4FY23 compared ...More

LIC Housing Finance's net profit has witnessed a growth of 5.5% at INR 1,180.3 crores in Q4FY23 compared to the previous year. The company's NII also rose by 22.1% and stood at INR 1,990.3 crore in the March quarter. Even though LIC Housing Finance's Q4 revenue has increased by 21.04% at INR 6,415.11 crore, shares plunged by 7.2% to INR 366.8 on BSE intraday trade. According to analysts, LIC Housing Finance stock should be bought, and the company also suggested a dividend of INR 8.50 per equity share for FY23. ...Less

I would expect this year that we would be showing a good disbursement growth in the double digits, as wel ...More

I would expect this year that we would be showing a good disbursement growth in the double digits, as well as the loan book growth of double digit. ...Less