NEW DELHI, July 15: LIC Housing Finance has reported a 6.3 per cent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.
The company’s net profit stood at Rs 382.13 crore in the corresponding April-June quarter of 2015-16.
Total income increased to Rs 3,379.86 crore in the quarter as against Rs 2,965.46 crore in the same period a year ago, it said in a regulatory filing.
Earnings per share as of June 30, 2016, increased to Rs 8.08 compared with Rs 7.57 a year ago.
The company provides loan for the purchase or construction of residential houses.
(PTI)
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