LIC Housing Finance has posted a 43% rise in net profit at Rs 209 crore for the year ended March 31, 2006 when compared with Rs 146.22 crore for FY05. According to an official release issued to the BSE today, total income has increased to Rs 1268.35 crore for FY06 from Rs 1048.65 crore in FY05. The company posted a net profit of Rs 41.38 crore for the quarter ended March 31, 2006 as compared to Rs 14.17 crore for Q4FY05. Total income has increased from Rs 275.91 crore in Q4FY05 to Rs 354.40 crore for Q4FY06.The board has recommended a dividend of 60%.
