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LIC Housing Finance Q3 profit up nearly 22% at Rs 419 crore

The company had posted a net profit of Rs 344.34 crore in the corresponding quarter of the previous fiscal, LIC Housing Finance said in a statement to the BSE.

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During the third quarter, the total income of the lender rose to Rs 3,156.70 crore as against Rs 2,735.78 crore during the same period last fiscal.
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LIC Housing Finance on Saturday reported a 21.6% rise in net profit at Rs 418.90 crore for the third quarter ended December 31, 2015.

The company had posted a net profit of Rs 344.34 crore in the corresponding quarter of the previous fiscal, LIC Housing Finance said in a statement to the BSE.

ALSO READ: LIC Housing to further trim bank borrowings to 11-12%: CEO Sunita Sharma

During the period, the total income of the lender rose to Rs 3,156.70 crore as against Rs 2,735.78 crore during the same period last fiscal. 

LIC Housing Finance is one of the largest housing finance company in India. 

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