LIC profit rises 30.7% YoY; Bajaj Housing Finance NII up 34%
pre-market1 source ↓written by the desknot a recommendation
- in net profit
- 30.7% increase
- for Q2
- ₹10,098 cr
- income surge
- 34%
Life Insurance Corporation reported a 30.7% increase in net profit to ₹10,098 cr for Q2. In contrast, Bajaj Housing Finance saw its net interest income surge by 34%. These results indicate strong performance in the financial sector, potentially boosting investor sentiment and market activity. 📈
Key Points:
• LIC net profit: ₹10,098 cr
• Bajaj Housing Finance NII: up 34%
• Godrej Properties net profit: ₹405 cr
• Symphony net profit: down 66%
The contrasting results across companies highlight varying performance trends in the market.
Not investment advice. For informational purposes only.