Two-fold jump in LIC Hosing Fin profit to Rs 1163 crore in Q3

NEW DELHI: Mortgage lender LIC Housing Finance on Friday reported a more than two-fold jump in profit at Rs 1,163 crore in the third quarter ended December 2023

The housing finance subsidiary of LIC had earned a net profit of Rs 480 crore in the same quarter a year ago.

Its total income increased to Rs 6,792 crore during the quarter under review against Rs 5,876 crore in the same period last year, LIC Housing Finance said in a regulatory filing.