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LIC Housing Finance consolidated net profit declines 9.30% in the March 2021 quarter

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Capital Market

Sales rise 0.95% to Rs 4981.84 crore

Net profit of LIC Housing Finance declined 9.30% to Rs 384.79 crore in the quarter ended March 2021 as against Rs 424.25 crore during the previous quarter ended March 2020. Sales rose 0.95% to Rs 4981.84 crore in the quarter ended March 2021 as against Rs 4935.20 crore during the previous quarter ended March 2020.

For the full year,net profit rose 14.04% to Rs 2740.72 crore in the year ended March 2021 as against Rs 2403.26 crore during the previous year ended March 2020. Sales rose 0.74% to Rs 19881.70 crore in the year ended March 2021 as against Rs 19736.10 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales4981.844935.20 1 19881.7019736.10 1 OPM %75.6694.09 -89.8891.93 - PBDT374.95848.04 -56 3417.603333.29 3 PBT362.47832.93 -56 3365.133282.18 3 NP384.79424.25 -9 2740.722403.26 14

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First Published: Jun 15 2021 | 5:00 PM IST

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