LIC Housing Finance today said its net profit rose by 33.14 per cent to Rs 157.55 crore in the fourth quarter ended March 31, 2009.
The company had a net profit of Rs 118.09 crore in the same quarter ended March 31, 2008, LIC Housing Finance said in a filing to the Bombay Stock Exchange.
Total income of the company surged to Rs 790.47 crore during the quarter under review, as against Rs 606.76 crore in the same quarter previous fiscal.
For the year ended March 31, the company recorded a net profit of Rs 531.62 crore from Rs 387.18 crore in the same period last fiscal, up by 37.30 per cent.
The board of the company had recommended final dividend of Rs 13 a piece (130 per cent) for the financial year 2008-09.
Shares of LIC Housing Finance were trading at Rs 308.20, up 2.72 per cent on the BSE.