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LIC Housing Finance reports 36% rise in Q1 net profit

14 Aug 2013 Evaluate

LIC Housing Finance has reported results for the first quarter ended June 30, 2013.

The company’s net profit for the first quarter ended June 30, 2013 grew by 36.34% at Rs 310.51 crore as compared to Rs 227.75 crore for the corresponding quarter ended June 30, 2012. Company’s total Income has increased by 23.23% at Rs 2177.94 crore for the quarter under review against Rs 1767.30 crore for June quarter of the previous year.

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

534.85 5.95 (1.12%)
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