LIC Housing Finance Q4 Profit Surpasses Expectations, Declares ₹10 Dividend on Strong Interest Income

LIC Housing Finance Ltd posted a healthy fourth-quarter FY25 results with net profit and interest income both outpacing analysts' expectations. The board of the company has also announced a dividend of ₹10 per equity share as a reward to its shareholders following a year of consistent growth and operating discipline.

 

Q4 Net Profit Beats Forecasts

LIC Housing Finance recorded profit after tax (PAT) of ₹13.68 billion during the March quarter, exceeding IBES analyst expectations of ₹13.49 billion. This testifies to sustained momentum in the company's core lending business and risk averseness.

 

Interest Income Remains Robust:

Interest income came in at ₹71.17 billion in Q4, emphasizing strong loan demand and healthy asset quality of its housing finance portfolio.

 

Dividend of ₹10 Per Share:

The board has suggested a dividend of ₹10 per equity share for FY25, up from the ₹9 per share dividend announced in the previous year. This action reflects LIC Housing Finance's dedication to providing value to its shareholders.

 

Sustained Financial Performance:

In the last year, LIC Housing Finance has demonstrated consistent growth in revenue and profitability, with net interest income and net profit consistently beating or meeting market expectations.

 

Market Position and Outlook:

One of India's biggest housing finance firms, LIC Housing Finance also stands to gain from robust demand in the affordable housing space and a diversified loan book. The company's cost management and asset quality focus will likely assist it in sustained growth over the next few quarters.

 

Insight

LIC Housing Finance's Q4 performance confirms its image of operational robustness and shareholder friendliness. The above-expected profit and higher dividend payment indicate the management's optimism in the company's fundamentals and growth potential. With a healthy balance sheet and positive demand environment, LIC Housing Finance is well-placed in India's competitive housing finance market.

 

Source: NDTV Profit, INDmoney, Moneycontrol