LIC Housing Finance Limited. Q4 results show revenue rise from 5876.03 to 6415.17 crores, a 9.18% increase in growth. EPS also rise from ₹8.73 to ₹21.46, up by 145.82%.
First, Let’s Begin with Quarter-on-Quarter Basis:
LIC Housing Finance Ltd. shared its Q4 results on Wednesday. They earned 6415.17 crores in revenue this quarter, but that’s higher than the 5876.03 crores they made last quarter. The company’s growth increased by 9.18 percent when comparing the two quarters.
In terms of profits, LIC Housing Finance Ltd’s PAT (Profit After Tax) for this quarter was 1180.28 crores, up from 480.30 crores in the previous quarter. Their quarter-to-quarter growth inclined by 145.74 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹21.46, which is an increase of 145.82% from the ₹8.73 EPS in the previous quarter.
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Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 22674.20 crores this year (2023), which is 13.64 percent higher than last year’s total revenue of 19953.02 crores.
This year’s PAT (Profit After Tax) is 2891.03 crores, which is also 26.40% higher than last year’s PAT of 2287.28 crores.
The EPS (Earnings Per Share) for this year is ₹52.56, which is 43.14% more than the EPS of ₹21.84 earned last year.
LIC Housing Finance Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹8.50 per Equity Share of Face Value of ₹2 each of the Company (425% of Face Value). Total Dividend for FY23 stood at ₹8.50 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹8.50 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About LIC Housing Finance:
With its registered and corporate office situated in Mumbai, LIC Housing Finance Limited emerges as one of India’s prominent mortgage loan companies specializing in housing finance. As a subsidiary of LIC (Life Insurance Corporation of India), LIC HFL holds a prominent position in the industry, catering to the diverse housing needs of individuals across the country.
Download Full PDF Q4 Results of LIC Housing Finance: Click Here
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