LIC Housing Finance Q1FY21; consolidated net profit rises by ~35% yoy


Quarterly Results

LIC Housing Finance Ltd. announced its Q1FY21 results on Aug 24, 2020. Consolidated total income grew by 3.5% yoy to Rs4,986.01cr in Q1FY21 from Rs4,816.52cr in Q1FY20.

Net interest income (NII) stood at Rs1,224.46cr as against Rs1,183.99cr it reported in Q1FY20. A growth of 3.4% yoy. Operating profit for Q1FY21 stood at Rs1,021.77cr. A growth of 21% yoy as against Operating profit of Rs844.59cr in Q1FY20.

Profit after tax (PAT) stood at Rs824.08cr for the quarter ending June 2020. It grew by 35.3% as compared to Rs609.1cr that it had reported in Q1FY20.

Share price of company closed at Rs276.7 up by 0.02% on BSE.

 

 






Particulars

Q1FY21

Q1FY20

Change

Net interest income

1,224.46

1,183.99

3.4%

Operating profit

1,021.77

844.59

21.0%

Net Profit

824.08

609.13

35.3%

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