LIC Housing Finance Q4 net up 33%

LIC Housing Finance Q4 net up 33%
PTI
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First Published: Thu, Apr 23 2009. 03 11 PM IST
Updated: Thu, Apr 23 2009. 03 11 PM IST
Mumbai: LIC Housing Finance on Thursday said its net profit rose by 33.14% to Rs157.55 crore in the fourth quarter ended 31 March.
The company had a net profit of Rs118.09 crore in the same quarter ended 31 March, 2008, LIC Housing Finance said in a filing to the Bombay Stock Exchange.
Total income of the company surged to Rs790.47 crore during the quarter under review, as against Rs606.76 crore in the same quarter previous fiscal.
For the year ended 31 March, the company recorded a net profit of Rs531.62 crore from Rs387.18 crore in the same period last fiscal, up by 37.30%.
The board of the company had recommended final dividend of Rs13 a piece (130%) for the financial year 2008-09.
Shares of LIC Housing Finance were trading at Rs308.20, up 2.72% on the BSE.
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First Published: Thu, Apr 23 2009. 03 11 PM IST