LIC Housing Finance Q2 net up 16% at Rs135 crore

Mumbai: LIC Housing Finance Ltd on 21 October announced a net profit of Rs135.06 crore for the second quarter ended 30 September, a 16% growth over the same period a year-ago.mobAds

add_main_imageThe company had a net profit of Rs116.37 crore for the same quarter last financial year, LIC Housing Finance Ltd said in a filing to the Bombay Stock Exchange.

The total income of the company rose to Rs704.23 crore for the September quarter of the current financial year from Rs523.22 crore for the year-ago period.

For the six months ended 30 September, the housing finance firm posted a net profit of Rs239.73 crore, against Rs163.07 crore for the same period of FY08, up 47%.thirdMAds

Total income rose to Rs1,323.92 crore in the same period from Rs989.53 crore a year-ago.

Shares of the company were trading at Rs241, up 6.9% in the afternoon on the BSE.