LIC Housing Finance net profit rises 17.04% in the March 2014 quarter

Sales rise 18.70% to Rs 2407.41 crore

Net profit of LIC Housing Finance rose 17.04% to Rs 370.02 crore in the quarter ended March 2014 as against Rs 316.16 crore during the previous quarter ended March 2013. Sales rose 18.70% to Rs 2407.41 crore in the quarter ended March 2014 as against Rs 2028.13 crore during the previous quarter ended March 2013.

For the full year,net profit rose 28.73% to Rs 1317.19 crore in the year ended March 2014 as against Rs 1023.21 crore during the previous year ended March 2013. Sales rose 21.64% to Rs 9073.34 crore in the year ended March 2014 as against Rs 7459.09 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2407.412028.13 19 9073.347459.09 22 OPM %98.1696.92 -97.5996.83 - PBDT523.43418.29 25 1833.141381.10 33 PBT521.58416.32 25 1825.511373.57 33 NP370.02316.16 17 1317.191023.21 29

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