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LIC Housing Finance reports stellar Q2 numbers

31 Oct 2012 Evaluate

LIC Housing Finance has reported results for second quarter ended September 30, 2012.

The company has reported 147.04% rise in its net profit at Rs 243.06 crore for the quarter ended September 30, 2012 as compared to Rs 98.39 crore for the same quarter in the previous year. Total income of the company has increased by 22.87% at Rs 1861.87 crore for quarter under review as compared to Rs 1515.37 crore for the quarter ended September 30, 2011.

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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