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LIC Housing Finance reports 5% rise in Q3 net profit

15 Jan 2015 Evaluate

LIC Housing Finance has reported results for third quarter ended December 31, 2014.

The company has registered a rise of 5.43% in its net profit at Rs 344.35 crore in Q3FY15 as compared to Rs 326.59 crore in the corresponding quarter previous year. The total income of the company has increased by 15.12% to Rs 2735.78 crore for the quarter under review as compared to Rs 2376.37 crore in the same quarter last year.

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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