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    HomeNewsBusinessLIC Housing Fin Q1 Net Profit may dip 0.2% YoY to Rs. 816 cr: Emkay Research

    LIC Housing Fin Q1 Net Profit may dip 0.2% YoY to Rs. 816 cr: Emkay Research

    Net Interest Income (NII) is expected to increase by 23.3 percent Y-o-Y  to Rs. 1,505.4 crore, according to Emkay Research.

    Broker Research
    July 15, 2021 / 15:46 IST
     
     
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    Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the NBFC sector. The brokerage house expects LIC Housing Fin to report net profit at Rs. 816 crore down 0.2% year-on-year (up 104.6% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 23.3 percent Y-o-Y  to Rs. 1,505.4 crore, according to Emkay Research.

    Pre Provision Profit (PPP) is likely to rise by 23.8% Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 1,332.7 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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    Broker Research
    first published: Jul 15, 2021 03:46 pm

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