LIC Housing Finance standalone net profit declines 5.34% in the March 2021 quarter

Sales rise 0.97% to Rs 4967.69 crore

Net profit of LIC Housing Finance declined 5.34% to Rs 398.92 crore in the quarter ended March 2021 as against Rs 421.43 crore during the previous quarter ended March 2020. Sales rose 0.97% to Rs 4967.69 crore in the quarter ended March 2021 as against Rs 4920.17 crore during the previous quarter ended March 2020.

For the full year,net profit rose 13.84% to Rs 2734.34 crore in the year ended March 2021 as against Rs 2401.84 crore during the previous year ended March 2020. Sales rose 0.76% to Rs 19847.15 crore in the year ended March 2021 as against Rs 19696.69 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales4967.694920.17 1 19847.1519696.69 1 OPM %75.7094.25 -89.9492.04 - PBDT364.26839.66 -57 3398.013317.06 2 PBT352.00826.72 -57 3348.573268.99 2 NP398.92421.43 -5 2734.342401.84 14

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