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.
