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LIC Housing Finance Ltd Q2FY25; 11% rise 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 Q2FY25 of ₹6,938.00 Crores up from ₹6,765.00 Crore year on year, a rise of 2.56%.

Total Expenses for Q2FY25 of ₹5,275.00 Crores down from ₹5,283.00 Crores year on year, a fall of 0.15%.

Consolidated Net Profit of ₹1,328.00 Crores up 11.41% from ₹1,192.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹24.14, up 11.40% from ₹21.67 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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