Tribhuwan Adhikari, MD & CEO, LIC HF, On Q4, Rising NII, And FY25 Expansion Plans

Tribhuwan Adhikari, MD & CEO, LIC HF, On Q4, Rising NII, And FY25 Expansion Plans

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Sakshi Batra
  • Updated May 16, 2024 2:26 PM IST

LIC Housing Finance Ltd has declared a dividend of ₹9 per equity share, equivalent to 450% of the face value of ₹2 each, pending approval at the upcoming Annual General Meeting. In the January-March quarter of the fiscal year 2024, LIC Housing Finance recorded a 7.6% decrease in net profit, amounting to ₹1,090.8 crore compared to ₹1,180 crore in the same quarter the previous year. However, the company saw a 12.4% increase in net interest income (NII) to ₹2,237.6 crore from ₹1,990.3 crore in the corresponding quarter last year. To delve deeper into the Q4 earnings, FY24 performance, and prospects for FY25 growth, Tribhuwan Adhikari, MD & CEO of LIC Housing Finance, shares insights in an exclusive interview with Business Today TV's Sakshi Batra. Watch the interview for more details.

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