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LIC Housing Finance reports 23% fall in Q3 net profit

14 Feb 2013 Evaluate

LIC Housing Finance has reported results for third quarter ended December 31, 2012.

The company has reported 22.72% fall in its net profit at Rs 236.24 crore for the quarter as compared to Rs 305.69 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 22.76% at Rs 1954.96 crore for quarter under review as compared to Rs 1592.53 crore for the quarter ended December 31, 2011.

LIC holds 40.31% stake in LIC Housing Finance while, institutional investors, both foreign and domestic together, are holding 41.47% shares, others hold 18.22% shares.

LIC Housing Finance Share Price

528.90 8.55 (1.64%)
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