Browsing tag: LIC Housing Finance

Housing Finance Sector: Q1 (April - June 2017) was fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. The government led actions with the mission of Housing for All by 2022 and Pradhan Mantri Awas Yojana along with Real Estate Regulatory Authority (RERA) Bill has induced substantial positivity in the sector especially from a long term perspective. For the numbers, the profits of the companies were UP in the range

Housing Finance Sector: Q4 was again fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. Click here for Q3 Results. For the numbers, the profits of the companies were UP in the range of 18% to 49%, while revenues were up in the range between 10% to 24%. Country's largest housing finance company and market leader Housing Development Finance Corporation registered surprising negative growth in Profit (21.59% down)