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LIC Housing Q1 disappoints, net down 11% on higher int cost

LIC Housing Finance's (LICHF) first quarter (April-June) net profit moderated more than 11% year-on-year to Rs 228 due to higher interest cost, which also dented its net interest income marginally by Rs 11 crore to Rs 350. The numbers were below the market estimates.

first published: Jul 24, 2012 02:30 pm

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