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LIC housing finance net up 47% to Rs 314.7 cr

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BS Reporter Mumbai

LIC Housing Finance Ltd. posted a net profit of Rs 314.77 crore for the fourth quarter ended Match 31, up 47% compared to Rs 213.51 crore in the same period a year ago.

The total income has increased to Rs 1,391.92 crore from Rs 967.74 crore for the corresponding quarter in the previous year, a growth of 44%.

“The Company has completed another year of steady performance and is set to  move into the next level of  growth” said LIC Housing Finance, Director & Chief Executive, VK Sharma.

The shares of the company are trading at Rs 229.15 up 0.55% on the Bombay Stock Exchange.

 

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First Published: Apr 28 2011 | 3:13 PM IST

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