LIC Housing Finance Q1 Net Profit may dip 5% YoY to Rs. 777 cr: Sharekhan

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sharekhan has come out with its first quarter (April-June' 21) earnings estimates for the NBFC sector. The brokerage house expects LIC Housing Finance to report net profit at Rs. 777 crore down 5% year-on-year (up 95% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 24 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 1,514 crore, according to Sharekhan. Pre Provision Profit (PPP) is likely to rise by 30% Y-o-Y (up 5 percent Q-o-Q) to Rs. 1,399 crore. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Read More

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