LIC Housing Finance standalone net profit rises 18.12% in the March 2017 quarter

Sales rise 12.21% to Rs 3642.87 crore

Net profit of LIC Housing Finance rose 18.12% to Rs 529.19 crore in the quarter ended March 2017 as against Rs 448.02 crore during the previous quarter ended March 2016. Sales rose 12.21% to Rs 3642.87 crore in the quarter ended March 2017 as against Rs 3246.40 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.27% to Rs 1931.05 crore in the year ended March 2017 as against Rs 1660.79 crore during the previous year ended March 2016. Sales rose 12.83% to Rs 13986.94 crore in the year ended March 2017 as against Rs 12396.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3642.873246.40 12 13986.9412396.15 13 OPM %92.2294.06 -93.6895.12 - PBDT808.58696.75 16 2965.202573.27 15 PBT806.10694.27 16 2955.772563.55 15 NP529.19448.02 18 1931.051660.79 16

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