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Last Updated : Jan 16, 2017 02:52 PM IST | Source: CNBC-TV18

LIC Housing Finance Q3 profit, net interest income seen up 20%

LIC Housing Finance's third quarter profit is expected to increase 20.7 percent to Rs 505.6 crore compared with Rs 418.9 crore in year-ago period.

 
 
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LIC Housing Finance's third quarter profit is expected to increase 20.7 percent to Rs 505.6 crore compared with Rs 418.9 crore in year-ago period.


According to average of estimates of analysts polled by CNBC-TV18, net interest income is seen rising 19.5 percent year-on-year to Rs 892.6 crore from Rs 746.9 crore.


Key things to watch out for would be loan growth, net interest margin, asset quality and outlook on impact from bank's lending rate cut on margins & business going ahead.

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Analysts say if loan growth comes above 15 percent, net interest margin above 2.6 percent and gross non-performing assets below 0.7 percent then that will be positive.

First Published on Jan 16, 2017 10:33 am
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