LIC Housing Finance Limited is a housing finance company registered with National Housing Bank (NHB) and is mainly engaged in financing purchase / construction of residential flats / houses to individuals and project finance to developers, Loan against Property (LAP), Lease Rental Discounting (LRD)for commercial properties as well as purchase of commercial shops/showrooms. etc.
Financial Results:
LIC Housing Finance Ltd reported Revenues for Q1FY24 of ₹6,759.00 Crores up from ₹5,296.00 Crore year on year, a rise of 27.62%.
Total Expenses for Q1FY24 of ₹5,114.00 Crores up from ₹4,159.00 Crores year on year, a rise of 22.96%.
Consolidated Net Profit of ₹1,319.00 Crores up 42.44% from ₹926.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹23.98, up 42.40% from ₹16.84 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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