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LIC Housing Finance reports marginal rise in Q4 net profit

20 Apr 2015 Evaluate

LIC Housing Finance has reported results for fourth quarter and year ended March 31, 2015.

The company has reported a rise on 2.21% in its net profit at Rs 378.18 crore for the quarter ended March 31, 2015 as compared to Rs 370.02 crore for the same quarter in the previous year. Total income of the company has increased by 15.44% at Rs 2860.59 crore for quarter under review as compared to Rs 2477.94 crore for the quarter ended March 31, 2014.

For the full year ended March 31, 2015, the company has reported a rise on 5.24% in its net profit at Rs 1386.18 crore as compared to Rs 1317.18 crore for FY14. Total income of the company has increased by 15.68% at Rs 10798.65 crore for year under review as compared to Rs 9334.66 crore for the year ended March 31, 2014.

For the year ended March 31, 2015, on the consolidated basis, the company has posted a rise of 5.87% in its net profit at Rs 1395.6 crore as compared to Rs 1318.2 crore for the same period in the previous year. Total income of company has increased by 15.53% at Rs 10828.88 crore for year under review as compared to Rs 9373.04 crore for the period ended March 31, 2014.

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