Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the NBFC sector. The brokerage house expects LIC Housing to report net profit at Rs 763 crore up 11% year-on-year (up 4.9% quarter-on-quarter).
Net Sales are expected to decrease by 8.7 percent Y-o-Y (up 17.2 percent Q-o-Q) to Rs 1,245 crore, according to Sharekhan.
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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!