LIC Housing Finance’s near-term outlook a challenge

August 22, 2024

LIC Housing Finance saw a 9% decline in its stock in August after a weaker-than-expected June quarter. The company’s net interest income dropped by 10% year-on-year, and net profit decreased by 2%. Analysts have downgraded the FY25/26 earnings per share by 2-4%, indicating challenges ahead.

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Nykaa shares in focus after reporting 193% YoY surge in Q4 PAT

Nykaa’s parent company, FSN E-Commerce Ventures, witnessed a significant surge in its Q4FY25 consolidated profit after tax, jumping 193% YoY to ₹20 crore. Revenue from

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Double cheer continues for India Inc in Q4 profit growth

Corporate India’s net profit surged in the March quarter, driven by reduced non-operating costs, while revenue growth remained moderate. Excluding banking and finance, profit growth

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