Thursday 16 January 2014

LIC Housing Finance reports 38% rise in Q3 net profit

LIC Housing Finance has reported results for third quarter ended December 31, 2013.

The company has reported 38.24% rise in its net profit at Rs 326.58 crore for the quarter as compared to Rs 236.24 crore for the same quarter in the previous year. Total income of the company has increased by 21.55% at Rs 2376.36 crore for quarter under review as compared to Rs 1954.96 crore for the quarter ended December 31, 2012.

LIC Housing Finance is the second largest housing finance player in India. It has one of the widest networks of over 205 offices across the country and representative offices at Dubai & Kuwait.

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