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LIC Housing Finance Limited Q3FY23; 40% Fall in Profits

LIC Housing Finance Ltd.‘s revenue in Q3FY23 rose 17% to ₹ 5,852 crores. Consolidated Profit After Tax came at ₹ 462 crores showcasing a 40% fall on an YoY basis. In this quarter’s results, the reports suggested that the fall in profits are due to a rise in total expenses.

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