State-run LIC Housing Finance today said its net profit rose by 35.51 per cent to Rs 213.51 crore for the fourth quarter ended March 31, 2010.
Total income rose to Rs 962.94 crore for the fourth quarter ended March 31 compared to Rs 790.47 crore during the same period in the corresponding fiscal, LIC Housing said in a filing to the Bombay Stock Exchange (BSE).
For the year ended March 2010, the company posted a net profit of Rs 662.17 crore compared to Rs 531.62 crore in the last fiscal.
The firm reported a total income of Rs 3,456.24 crore for the year ended March 2010 compared to Rs 2,880.17 crore in the previous fiscal.
The firm has recommended a dividend of 150 per cent or Rs 15 per share.
Shares of LIC Housing were trading at Rs 899 on the BSE, down 1.13 per cent from previous close.