LIC Housing Finance Ltd Q3FY25; 23% rise in Profits

LIC Housing Finance Ltd Q3FY25; 23% 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 Q3FY25 of ₹7,070.00 Crores up from ₹6,804.00 Crore year on year, a rise of 3.91%.

Total Expenses for Q3FY25 of ₹5,272.00 Crores down from ₹5,350.00 Crores year on year, a fall of 1.46%.

Consolidated Net Profit of ₹1,435.00 Crores up 22.75% from ₹1,169.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹26.09, up 22.78% from ₹21.25 in the same quarter of the previous year.

 

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