LIC Housing Fin Q2 net profit grows 12% YoY
LIC Housing Finance experienced a 12% year-on-year increase in consolidated net profit, reaching ₹1,507 crore. Total income for the quarter rose by 1.5% compared to the previous year. A notable improvement in asset quality contributed to the positive financial outcome and led to the reversal of impairment charges. Gross non-performing assets decreased significantly, highlighting better loan…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
