Categories AlphaGraphs, Earnings, Finance

LIC Housing Finance Ltd Q1FY25; 1% fall in Profits

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 Q1FY25 of ₹6,797.00 Crores up from ₹6,759.00 Crore year on year, a rise of 0.56%.

Total Expenses for Q1FY25 of ₹5,163.00 Crores up from ₹5,114.00 Crores year on year, a rise of 0.96%.

Consolidated Net Profit of ₹1,306.00 Crores down 0.99% from ₹1,319.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹23.75, down 0.96% from ₹23.98 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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