Saturday, 18 July 2015

Equity Tips - Lic housing fin. Q1 profit seen up 16.7% to rs 336 Cr: Poll

http://www.researchvia.com/equity-tips/
Equity Tips - State-run housing finance company LIC Housing Finance , which will announce its gains on this July 20, is expected to report a 16.7 % expansionyear-on-year in first quarter yield at Rs 376 crore. According to a CNBC-TV18 poll,
netinterest income (the difference between interest earned and interest cost) may jump 22.2 % to Rs 6,189 crore in the quarter closed June compared to Rs 506.2 crore in the agree quarter of last fiscal. Analysts said year-on-year extension in profit will normalise in June quarter as deferred tax accountability will now be similar.
Net interest margin is await to around 2.25-2.28 % in Q1FY16 opposed 2.47 % in Q4FY15. Provisions demand to be endly watched, which are await to be approx Rs 14 crore. In Q4FY15, provisions for bad loans stood at Rs 10.32 crore opposed writeback of Rs 22.19 crore in the year-ago time and supply of Rs 6.8 crore in March quarter. Loan extension is likely to due healthy at 17-18 % led by single loan growth that is guess at 18 %.

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