LIC Housing Finance reports 7% rise in Q1 consolidated net profit
5th Aug 2019

LIC Housing Finance has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 7.53% in its net profit at Rs 610.68 crore for the quarter under review as compared to Rs 567.94 crore for the same quarter in the previous year. Total income of the company increased by 18.43% at Rs 4,807.20 crore for Q1FY20 as compared Rs 4059.26 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 7.40% in its net profit at Rs 609.13 crore for the quarter under review as compared to Rs 567.18 crore for the same quarter in the previous year. Total income of the company increased by 18.36% at Rs 4,816.51 crore for Q1FY20 as compared Rs 4069.38 crore for the corresponding quarter previous year.