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LIC Housing Finance reports marginal fall in Q3 consolidated net profit

30 Jan 2020 Evaluate

LIC Housing Finance has reported results for third quarter ended December 31, 2019.

The company has reported a marginal rise of 0.20% in its net profit at Rs 597.53 crore for the quarter under review as compared to Rs 596.31 crore for the same quarter in the previous year. Total income of the company increased by 12.55% at Rs 4,996.46 crore for Q3FY20 as compared Rs 4,439.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported marginal fall of 0.84% in its net profit attributed to the owners at Rs 602.10 crore for the quarter under review as compared to Rs 607.18 crore for the same quarter in the previous year. However, total income of the company rose 12.10% at Rs 5,006.12 crore for Q3FY20 as compared Rs 4,465.76 crore for the corresponding quarter previous year.

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