LIC Housing Fin Q2 rises 10 pc at Rs 341 crore

Image
Press Trust of India New Delhi
Last Updated : Oct 18 2014 | 6:10 PM IST
LIC Housing Finance's net profit in the second quarter ended September 2014 rose by 10 per cent to Rs 341.35 crore.
Its net profit in the corresponding quarter in of previous fiscal stood at Rs 310.07 crore.
Total income of the company increased to Rs 2,658.69 crore during July-September quarter of 2014-15, up from Rs 2,302.41 crore in the second quarter of 2013-14, it said in a filing to the BSE.
Company's revenue from operations increased to Rs 2,596.08 crore during the quarter under review, up from Rs 2,223.71 crore a year ago.
While, other operating income rose to Rs 31.49 crore over Rs 22.79 crore.
LIC Housing shares closed at Rs 332.95 apiece on the BSE on Friday, up 1.66 per cent from the previous close.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 18 2014 | 6:10 PM IST

Next Story