LIC Housing Finance Q4 Results: Profit rises 25% YoY to Rs 1,368 crore on lower provisions

LIC Housing Finance witnessed a 25% surge in Q4 net profit, reaching Rs 1368 crore, driven by reduced provisions for bad loans. While net interest margin (NIM) dipped to 2.86% year-on-year, it improved compared to the previous quarter. Total loan disbursement increased by 5% to Rs 19156 crore, with individual home loans contributing significantly.

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