Tag: #LICHousingFinance

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LIC Housing Finance Labels Agora City Centre as a Stressed Asset

December 2, 2024

VADODARA: LIC Housing Finance Ltd (LICHFL) has officially declared the Agora City Centre, situated on Mangal Pandey Road near VUDA Circle, as a stressed asset. The housing finance giant has subsequently sold the project to an asset reconstruction company (ARC). Despite being envisioned as one of the most luxurious real estate projects in Vadodara, Agora […]

LIC Housing Finance Labels Agora City Centre as a Stressed Assetmore
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.

May 18, 2024

NEW DELHI: A 9.14% decrease in net consolidated profit was recorded by LIC Housing Finance for the quarter that concluded on March 31, 2024. In Q4 FY24, the company’s profit after tax was Rs 1,082.06 crore, compared to Rs 1,190.88 crore in the same quarter of the previous fiscal year, according to a BSE filing. […]

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.more