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    HomeNewsBusinessEarningsLIC Housing Finance Q2 profit seen up 9% at Rs 538 cr, loan growth may be around 15%

    LIC Housing Finance Q2 profit seen up 9% at Rs 538 cr, loan growth may be around 15%

    Analysts feel if loan growth comes above 15 percent (against 15.4 percent in Q1FY18), net interest margin above 2.65 percent (2.5 percent) and gross non-performing assets below 0.8 percent (0.72 percent) then that will be taken positively by the Street.

    October 30, 2017 / 13:35 IST

    LIC Housing Finance's second quarter profit is seen rising 8.8 percent to Rs 538.1 crore compared with Rs 494.8 crore in same quarter last fiscal.

    Net interest income may increase 12.4 percent to Rs 972.9 crore from Rs 865.7 crore year-on-year, according to average of estimates of analysts polled by CNBC-TV18.

    Key things to watch out for:-

    Analysts feel if loan growth comes above 15 percent (against 15.4 percent in Q1FY18), net interest margin above 2.65 percent (2.5 percent) and gross non-performing assets below 0.8 percent (0.72 percent) then that will be taken positively by the Street.

    first published: Oct 30, 2017 12:13 pm

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