LIC Housing Finance reported a strong performance in Q3 FY25, with net profit rising by 23.1% YoY to ₹1,432 crore, surpassing the CNBC-TV18 poll estimate of ₹1,294 crore. The robust growth comes despite the company’s net interest income (NII) falling short of expectations.
NII for the quarter stood at ₹1,997.1 crore, down 4.8% from ₹2,097 crore in Q3 FY24, and missing the estimated ₹2,028 crore. The drop in NII reflects slight pressures on interest spreads, but the overall profit growth highlights operational resilience and cost control.
Stock Performance:
Shares of LIC Housing Finance closed 2.4% higher at ₹598.45 on BSE, ahead of the results announcement, indicating investor confidence in the company’s financial trajectory.
The company’s focus on improving collections and managing costs effectively has been instrumental in sustaining profitability amid interest rate challenges. Moving forward, analysts expect LIC Housing Finance to maintain steady growth, though improving NII remains a key target.
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