LIC Housing Finance released its Q3 FY25 results on January 31 (Tuesday), reporting strong performance despite a marginal drop in net interest income (NII).
The company’s net profit stood at ₹1,432 crore, up 23.1% from ₹1,163 crore in the same period last year. This is higher than the CNBC-TV18 poll estimate of ₹1,294 crore.
However, NII stood at ₹1,997.1 crore, lower than the poll estimate of ₹2,028 crore, which is 4.8% lower than the ₹2,097 crore in Q3 FY24.
The company reported a write-back of Rs 43.98 crore as against a loss of Rs 435.83 crore in the same period last year.
Shares of LIC Housing Finance Ltd today closed 2.4% higher at Rs 598.45 on the BSE, reflecting positive investor sentiment.
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