LIC Housing Finance: LIC Housing Finance Q4 net profit rises to Rs 1,180 crore.

New Delhi. Housing Finance Company LIC Housing Finance Ltd. The net profit on a standalone basis has increased by 5.51 percent to Rs 1,180.28 crore in the fourth quarter of the last financial year 2022-23.

The company gave this information in a statement on Tuesday. Earlier, the company’s net profit was Rs 1,118.64 crore in the same quarter of FY 2021-22. LIC Housing Finance’s operating income increased by 21.05 percent to Rs 6,415.11 crore in the quarter ended March 2023, compared to Rs 5,299.66 crore in the same quarter a year ago. It was Rs.

According to the statement, the company’s net profit for the entire financial year 2022-23 increased by 26.40 percent to Rs 2,891.03 crore. It was Rs 2,287.28 crore in the previous financial year. Operating income increased by 13.75 percent to Rs 22,656.95 crore in the financial year under review from Rs 19,919.07 crore in the previous financial year 2021-22. 425 per cent (Rs 8.5 per share) has been recommended as dividend.

Inputs From: india.com

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