LIC Housing Finance has reported results for third quarter ended December 31, 2018.
The company has reported 25.51% rise in its net profit at Rs 596.31 crore for the quarter under review as compared to Rs 475.10 crore for the same quarter in the previous year. Total income of the company increased by 22.43% at Rs 4,439.21 crore for Q3FY19 as compared Rs 3,625.91 crore for the corresponding quarter previous year.
LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.
