5002532022-04-012022-06-305002532022-04-012022-06-30in-bse-fin:OtherRevenueFromOperations1Member5002532022-04-012022-06-30in-bse-fin:OtherRevenueFromOperations2Member5002532022-04-012022-06-30in-bse-fin:OtherExpenses1Memberiso4217:INRiso4217:INRxbrli:shares500253LICHSGFINNOTLISTEDINE115A01026LIC Housing Finance LimitedEquity2022-04-012023-03-312022-08-042022-07-27INRCroresFirst quarterSingle segmentHousing Finance2022-08-0411:00:002022-08-0415:30:00falseNot applicable2022-04-012022-06-30UnauditedConsolidated52551100000001877600003800000107000000001131400005296280000062200000530250000000001093500000363935000001625000003814000004950000200000307710000048520000041598350000114266500000114266500003349780000-119198000021578000009268850000000-83600009260490000682900009328780000926800000083000093279300008300001100760000216.8516.850016.8516.852. The above financial results represent the Consolidated financial results for LIC Housing Finance Limited and its subsidiaries constituting the 'Group'. <BR> <BR> 3. The financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Any application guidance / clarifications / directions issued by the Reserve Bank of India, the NHB or other regulators are implemented as and when they are issued / become applicable. <BR> <BR> 4. The impact of COVID-19 on the Company's performance will depend on the ongoing as well as future developments, including, among other things, any new information concerning the COVID-19 pandemic and any measure to contain its spread or mitigate its impact, whether mandated by the Government or adopted by the Company. <BR> <BR> 5. Pursuant to RBI Circular on "Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Clarification" dated November 12, 2021, the Company has taken necessary steps and complied with the provisions of the aforesaid circular. On February 15, 2022, the RBI allowed deferment of para 10 of the aforesaid circular till September 30, 2022 pertaining to upgrade of non performing accounts. However, the Company has not opted for the deferment. <BR> <BR> 6. There are no loans transferred / acquired during the quarter / period ended June 30, 2022 under the RBI Master Direction on Transfer of Loan Exposure dated September 24, 2021. <BR> <BR> 7. The Secured listed non-convertible debt securites of the Company are secured by a negative lien on the assets of the Company (excluding current and future receivables and book-debt of whatsoever nature of the Company on which a first pari-pasu floating charge by way of hypothecation to secure the borrowings of the company outstanding as on March 31, 2015 and the unavailed sanctions of the term loans, cash credit and refinance as on March 31, 2015), with a minimum security cover of 100%. In addition to above the Debentures would be secured by mortgage on an Immovable Property owned by the Company. Security cover for NCD issued by the company is 1.38 times as at June 30, 2022. <BR> <BR> 8. The figures for the quarter ended March 31, 2022 and March 31, 2021 are the balancing figures between audited figures in respect of the full financial year for 2021-22 and 2020-21 and published unaudited year to date figures upto the third quarter ended December 31, 2021 and December 31, 2020, respectively. <BR> <BR> 9. In compliance with Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the above results for the quarter ended June 30, 2022 have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 04, 2022. The above results have been subjected to a Limited Review by the Statutory Auditors of the Company. <BR> <BR> 10.The figures for the previous periods have been regrouped / reclassified / restated wherever necessary in order to make them comparable. <BR> Net gain on Derecognition of Financial Instruments measured at Fair Value through Profit & Loss Account76850000Miscellaneous Income36290000Others Expenses485200000