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LIC Housing Finance net surges 43% in Q3

January 30, 2012 by gunapriya_ifb

LIC Housing Finance net profit has surged 43% to Rs.305.69 crore during the December quarter of the current fiscal year as compared to Rs.213.49 crore in the same period of the last financial year.

Total income of the company increased by 18% to Rs.1,593 crore in the December from Rs.1,354.42 crore in the same period of the last financial year.

The shares of LIC Housing finance were down 2.23% to Rs.246.05 per share on market close in the weak Mumbai market. The scrip has touched an intraday high of Rs.262.30 per share and an intraday low of Rs.243.60 per share in the Mumbai market.

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