LIC Housing Finance Q3 profit up 38 pc at Rs 326.59 cr

LIC Housing Finance, a mortgage subsidiary of LIC, today reported 38 per cent increase in net profit at Rs 326.59 crore for the third quarter ended December 31, 2013-14 fiscal.

The net profit was Rs 236.25 crore for the October- December quarter of 2012-13 fiscal, LIC Housing Finance said in a statement.

The Q3, 2013-14 income from operations increased to Rs 2,343 crore, from Rs 1,935 crore in the year-ago period.

For the first nine months of the current fiscal, the housing finance company clocked profit growth of 34 per cent at Rs 947.16 crore, from Rs 707.06 crore in the same period of the previous fiscal.

Its total income was Rs 6,857 crore in the first three quarters, compared to Rs 5,584 crore in the same period last financial year.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Faith is the opium of the masses, so Indians get addicted

    India is a nation of 1.27 billion. Let that number sink in, with all its zeroes. That’s a lot of people.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Zehra Naqvi

To hell and back

Here is a book that makes you wish there were ...

Bubbles Sabharwal

When your real & reel life heroes are the same

ALL the world’s a stage and we all are merely ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture