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Apr 25, 2012, 08.20 PM IST
LIC Housing Finance, a subsidiary of Life Insurance Corporation, has reported a decline of 19.4% quarter-on-quarter in its profit after tax of Rs 254 crore for the quarter ended March 31, 2012. In the previous quarter, it had reported PAT of Rs 315 crore.
Net interest income during the same period too declined 3.66% to Rs 405 crore from Rs 420.4 crore. At 14:56 hours IST, the share was trading at Rs 257.20, down 0.43% and its trading volumes doubled to 531,214 shares as compared to its 5-day average of 226,734 shares. Also watch the accompanying video...
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