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LIC Housing Finance Q3 net up by 38% (Business Standard 17th Jan 2008)
LIC Housing Finance registered a 38 per cent rise in net profit to Rs 106.02 crore in the third quarter ended December 2007 compared with Rs 78.61 crore in the same quarter last year.
Income from operations stood at Rs 534.35 crore in the quarter as against Rs 396.11 crore in the corresponding period of the previous year.
The total income, including other income and income from operations, rose by 37 per cent to Rs 552 crore, as against Rs 404.10 crore in the corresponding period. The net interest income rose by 36 per cent to Rs 141 crore. Loan disbursals were up by 49 per cent at Rs 1,652 crore. More
Allahabad Bank Q3 net profit rises by 28% (Business Standard 17th Jan 2008)
Riding on robust interest income, Allahabad Bank has reported a 27.58 per cent rise in net profit at Rs 365.05 crore for the quarter ended December 31, 2007 as compared with Rs 286.13 in the corresponding quarter last financial year.
The operating profit grew 59.83 per cent to Rs 521.12 crore as against Rs 326.04 crore in FY07. More
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