LIC Housing Finance Ltd Q2 consolidated PAT higher at Rs. 768.05 crores

LIC HOUSING FINANCE LTD. has reported financial results for the period ended September 30, 2019.

Financial Results (Q2 FY19-20) - QoQ Comparison

The company has reported net sales of Rs.4980.59 crores during the period ended September 30, 2019 as compared to Rs.4816.51 crores during the period ended June 30, 2019.

The company has posted net profit of Rs.768.05 crores for the period ended September 30, 2019 as against Rs.606.85 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.15.22 for the period ended September 30, 2019 as compared to Rs.12.07 for the period ended June 30, 2019.

Financials	Q2 FY19-20	Q1 FY19-20	% Change
Total Income	₹ 4980.59 crs	₹ 4816.51 crs	3.41%
Net Profit	₹ 768.05 crs	₹ 606.85 crs	26.56%
EPS	₹ 15.22	₹ 12.07	26.1%

Financial Results (Q2 FY19-20) - YoY Comparison

The company has reported net sales of Rs.4980.59 crores during the period ended September 30, 2019 as compared to Rs.4205.13 crores during the period ended September 30, 2018.

The company has posted net profit of Rs.768.05 crores for the period ended September 30, 2019 as against Rs.562.99 crores for the period ended September 30, 2018.

The company has reported EPS of Rs.15.22 for the period ended September 30, 2019 as compared to Rs.11.16 for the period ended September 30, 2018.

Financials	Q2 FY19-20	Q2 FY18-19	% Change
Total Income	₹ 4980.59 crs	₹ 4205.13 crs	18.44%
Net Profit	₹ 768.05 crs	₹ 562.99 crs	36.42%
EPS	₹ 15.22	₹ 11.16	36.38%

Financial Results (6 months ended FY 19-20) - YoY Comparison

The company has reported net sales of Rs.9797.11 crores during the 6 months period ended September 30, 2019 as compared to Rs.8274.49 crores during the 6 months period ended September 30, 2018.

The company has posted net profit of Rs.1376.92 crores for the 6 months period ended September 30, 2019 as against Rs.1129.95 crores for the 6 months period ended September 30, 2018.

The company has reported EPS of Rs.27.29 for the 6 months period ended September 30, 2019 as compared to Rs.22.39 for the 6 months period ended September 30, 2018.

Financials	6 months FY19-20	6 months FY18-19	% Change
Total Income	₹ 9797.11 crs	₹ 8274.49 crs	18.4%
Net Profit	₹ 1376.92 crs	₹ 1129.95 crs	21.86%
EPS	₹ 27.29	₹22.39	21.88%

Shares of LIC HOUSING FINANCE LTD. was last trading in BSE at Rs.385 as compared to the previous close of Rs. 381.55. The total number of shares traded during the day was 124611 in over 2007 trades.

The stock hit an intraday high of Rs. 392 and intraday low of 377. The net turnover during the day was Rs. 48138552.

Source : Equity Bulls

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