LIC Housing Finance has reported a robust financial performance in the second quarter of the financial year 2025 (Q2FY25), showcasing an 11.25% year-on-year (YoY) increase in consolidated net profit, which reached ₹1,327.71 crore. This is a significant rise from ₹1,193.48 crore during the same quarter last year. The company’s total revenue from operations also saw a slight increase of 2.5%, amounting to ₹6,937.72 crore from ₹6,765.44 crore in Q2FY24, primarily driven by a healthy rise in interest income.
| Table of Contents |
|---|
| Consolidated Financial Performance |
| Areas of Decline |
| Standalone Financial Performance |
| Stock Market Performance |
| Conclusion |
II. Consolidated Financial Performance
In the realm of consolidated financial performance, LIC Housing Finance has illustrated promising growth, particularly in its net profit. Below is a year-on-year comparison of essential financial metrics:
| Financial Metric | Q2FY25 | Q2FY24 | Percentage Change |
|---|---|---|---|
| Net Profit | ₹1,327.71 crore | ₹1,193.48 crore | 11.25% |
| Revenue from Operations | ₹6,937.72 crore | ₹6,765.44 crore | 2.5% |
| Interest Income | ₹6,859.96 crore | ₹6,712.63 crore | 2.2% |
III. Areas of Decline
Despite the uptick in net profit and revenue, LIC Housing Finance noted some deficiencies in key areas of its financials:
| Financial Metric | Q2FY25 | Q2FY24 | Percentage Change |
|---|---|---|---|
| Net Interest Income (NII) | ₹1,974 crore | ₹2,107 crore | -6% |
| Pre-Provision Operating Profit (PPOP) | ₹1,742 crore | ₹1,899 crore | -8.3% |
| Total Expenses | ₹5,274.61 crore | ₹5,282.83 crore | -0.2% |
IV. Standalone Financial Performance
On a standalone basis, LIC Housing Finance mirrored its consolidated growth momentum, producing noteworthy figures:
| Financial Metric | Q2FY25 | Q2FY24 | Percentage Change |
|---|---|---|---|
| Profit After Tax | ₹1,328.89 crore | ₹1,188.05 crore | ~12% |
| Standalone Revenue from Operations | ₹6,925.81 crore | ₹6,752.83 crore | 2.57% |
V. Stock Market Performance
LIC Housing Finance’s stock has exhibited robust performance over the past year, climbing approximately 41%. The stock reached a 52-week high of ₹827 on July 16, alongside hitting a 52-week low of ₹435 on October 30 of the previous year. As of the reporting Monday, LIC Housing Finance’s stock closed at ₹618.45, seeing an upturn of 3.39%. This positive movement comes amid a broader recovery as the Sensex and Nifty 50 indices concluded a five-day losing streak with gains.
VI. Conclusion
In summary, LIC Housing Finance has showcased a resilient financial profile in Q2FY25, achieving noteworthy growth in net profit and operating revenue. While there are declines in critical areas such as net interest income and pre-provision operating profit, the overall outlook remains optimistic. The company’s performance in the stock market also reflects strong investor confidence. Moving forward, LIC Housing Finance is expected to leverage its strong market positioning to navigate the evolving financial landscape effectively.
FAQ
- What is the recent profit figure for LIC Housing Finance?
- As of Q2FY25, LIC Housing Finance reported a net profit of ₹1,327.71 crore, marking an increase of 11.25% YoY.
- How has the stock performed over the past year?
- LIC Housing Finance’s stock has increased by about 41% over the past year.
- What were the major challenges faced by LIC Housing Finance in Q2FY25?
- The company experienced a decrease in net interest income of 6% and an 8.3% decline in the pre-provision operating profit (PPOP).
