LIC Housing Finance has reported results for first quarter ended June 30, 2012.
The company has registered a fall of 11.21% in its net profit at Rs 227.75 crore for the quarter under review as compared to Rs 256.50 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 25.83% at Rs 1746.45 crore for Q1FY13 as compared Rs 1387.93 crore for the corresponding quarter previous 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.
