LIC Housing Finance has reported results for the fourth quarter and year ended March 31, 2017.
The company has reported a rise of 18.12% in its net profit at Rs 529.19 crore for the quarter ended March 31, 2017 as compared to Rs 448.02 crore for the same quarter in the previous year. Total income of the company increased by 11.85% at Rs 3661.86 crore for quarter under review as compared to Rs 3273.94 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has reported a rise of 16.27% in its net profit at Rs 1931.05 crore as compared to Rs 1660.79 crore for the same period in the previous year. Total income of the company increased by 12.77% at Rs 14080.35 crore for year under review as compared to Rs 12485.46 crore for the period ended March 31, 2016.
For the year ended March 31, 2017, on the consolidated basis, the company has posted rise of 16.44% in its net profit at Rs 1941.82 crore as compared to Rs 1667.61 crore for the same period in the previous year. Total income of company increased by 12.78% at Rs 14100.91 crore for year under review as compared to Rs 12502.58 crore for the period ended March 31, 2016.
