LIC Housing Finance Ltd’s net profit jumps 26% to Rs 824 cr for Q1FY21

New Delhi: LIC Housing Finance Ltd’s consolidated net profit went up 26 percent to Rs 824 crore for the for the first quarter of the current fiscal as compared to Rs 609  crore in the corresponding quarter of the previous financial year.

The consolidated interest income of the company fell went up marginally to Rs 4,988 crore for the first quarter of the current fiscal as compared to Rs 4,786 crore in the corresponding quarter of the previous financial year.

The consolidated profit before tax increased to Rs 1,021 crore for the first quarter of the current fiscal as compared to Rs 844 crore in the corresponding quarter of the previous financial year, the company said in a regulatory filing.

The consolidated total expenses of the company went down marginally to Rs 3,964 crore for the first quarter of the current fiscal as compared to Rs 3,971 crore in the corresponding quarter of the previous financial year.

 

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