LIC Housing Finance reports 25% rise in Q2 consolidated net profit

LIC Housing Finance Ltd. | Finance - Housing | BFSI | BSE: 500253 | NSE: LICHSGFIN

02 Nov 2022 Evaluate

LIC Housing Finance has reported results for second quarter ended September 30, 2022.

The company has reported a rise of 23.04% in its net profit at Rs 304.97 crore for the quarter under review as compared to Rs 247.86 crore for the same quarter in the previous year. Total income of the company increased by 8.00% at Rs 5092.02 crore for Q2FY23 as compared Rs 4715.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 24.65% in its net profit at Rs 311.44 crore for the quarter under review as compared to Rs 249.86 crore for the same quarter in the previous year. Total income of the company increased by 8.01% at Rs 5101.40 crore for Q2FY23 as compared Rs 4722.93 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
LIC Housing Finance	548.90
Housing & Urban Dev.	175.15
Piramal Finance	2293.65
Bajaj Housing Fin.	85.49
PNB Housing Finance	1128.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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